CYBER1 has entered into a definitive agreement to acquire 100% of the share capital of Infonet. The acquisition aligns with CYBER1’s overarching strategy to scale its enterprise product offering within emerging high-growth territories. By integrating Infonet, CYBER1 gains a market-leading position in Turkey, access to a deep network of business development professionals, and a robust client base of over 2,000 customers. The deal offers significant revenue synergy potential through cross-selling of the combined group's broader security portfolio and leveraging the high level of technical expertise present within the Turkish IT market.

INFONET, which reported an EBITDA margin of LOGIN in 2017, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN discount to the average currently observed in the TMT (Tech, Media, Telecom) sector (13.8x).

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