INNOFOUR
Acquired by
SESA GROUP
INNOFOUR acquired by SESA GROUP
Target
INNOFOUR
Acquirer
SESA GROUP
Context
Var Group acquired a 60% stake in InnoFour B.V. to expand its digital engineering footprint into the Benelux and Scandinavian markets. InnoFour will be integrated into the Var Industries BU, which, following this transaction, expects to reach EUR65 million in annual revenue with a team of over 200 professionals. The four founding partners of InnoFour will remain operatively involved with equity commitments to ensure sustainable integration and growth. This deal reinforces Sesa's internationalization strategy, focusing on high-value "bolt-on" industrial M&A within the European manufacturing sector.
INNOFOUR, which reported an EBITDA margin of LOGIN in 2024, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level around LOGIN lower than the 13.1x average currently observed in the TMT (Tech, Media, Telecom) sector.
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Target
InnoFour is a specialized provider of Electronic Design Automation (EDA), simulation software, and Computer-Aided Engineering (CAE) solutions. A key partner of Siemens Digital Industries Software, InnoFour provides design, consulting, and engineering services such as Computational Fluid Dynamics (CFD) and Application Lifecycle Management (ALM). The firm serves approximately 250 international engineering-intensive enterprise customers across the Benelux and Scandinavia, primarily within the electronics, aerospace, defense, automotive, and automation sectors.
Ent. Value
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Equity Value
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Multiples Analysis
EV / Revenue
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EV / EBITDA
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EV / EBIT
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Historical Financials (EUR)
Other operations with INNOFOUR
mynth data is contributed by M&A / PE professionals and systematically cross-verified against private deal documents and official releases. All source materials are destroyed post-validation to guarantee data anonymity and compliance.