At what enterprise value was INFONET acquired in 2018?

During the acquisition of INFONET by CYBER1 in 2018, the transaction's Enterprise Value is estimated to be in the range of 10M - 30M USD.

What was the EV/EBITDA of INFONET when it was acquired by CYBER1?

The estimated EV/EBITDA multiple for INFONET is in the range of 5x - 12x.

When was INFONET acquired by CYBER1?

INFONET was acquired by CYBER1 in 2018.

What was the revenue of INFONET at the time of the deal?

The revenue of INFONET at the time of the deal is estimated to be in the range of 10M - 30M USD.

What was the EBITDA of INFONET during the acquisition?

INFONET's EBITDA is estimated to be in the range of 0M - 5M USD.

How is the data for the INFONET acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the INFONET deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.cyber1.com/cyber1-enters-exclusive-agreement-to-acquire-infonet-a-leading-cyber-security-business-in-turkey/

← DATABASE

Home Database TMT (Tech, Media, Telecom)INFONET

08/2018

INFONET acquired by CYBER1

TURKEY IT Services / Consulting & Integration / Cybersecurity Services EV 10M - 30M USD

Context

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 in 2017, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the TMT (Tech, Media, Telecom) sector (15.3x).

-> Deep-dive in TMT (Tech, Media, Telecom) market trends

Target

Founded in 1995, Infonet is a premier provider of cybersecurity products and solutions in the Turkish market. The firm delivers a comprehensive range of cyber resilience services to a diverse portfolio of enterprise clients across highly regulated industries, including Financial Services, Telecommunications, Manufacturing, and Energy. Operating from offices in Istanbul and Ankara, the company has established itself as a cornerstone of the Turkish IT security landscape, recognized for its long-standing technical expertise and excellence in delivery. The company's business model is centered on acting as a strategic value-added partner to world-class security vendors. By leveraging deep technical proficiency and a robust network of IT channel relationships, the firm provides end-to-end implementation and advisory services.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (USD)

Year

Rev

EBITDA

EBIT

2017

2016

Similar deals in IT Services

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
12/2018	COBEPA	SCALIAN	FRANCE	Consulting & Integration
10/2018	BITDEFENDER	REDSOCKS	NETHERLANDS	Cybersecurity Services
07/2018	ORANGE	BASEFARM	NORWAY	MSP (Managed Services)
07/2018	COURT SQUARE CAPITAL PARTNERS	MOMENTUM	UNITED STATES	MSP (Managed Services)
06/2018	POLARIS PRIVATE EQUITY	PRODATA CONSULT	DENMARK	Consulting & Integration
06/2018	GROUPE PASSMAN	SCREEN SERVICES	BELGIUM	MSP (Managed Services)
06/2018	GFI INFORMATIQUE	REALDOLMEN	BELGIUM	Consulting & Integration
06/2018	ORANGE	BUSINESS & DECISION	FRANCE	Data & AI Consulting
06/2018	ARDIAN	JAKALA	ITALY	Consulting & Integration
04/2018	ADVENT INTERNATIONAL	CIRCET	FRANCE	IT Services

REFERENCES

Valuation range: EV 10M - 30M USD

Revenue range: 10M - 30M USD

EBITDA range: 0M - 5M USD

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of INFONET by CYBER1 are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Press release: view release

Target: infonet

Acquirer: cyber1