At what enterprise value was INNOFOUR acquired in 2025?

During the acquisition of INNOFOUR by SESA GROUP in 2025, the transaction's Enterprise Value is estimated to be in the range of 0M - 15M EUR.

What was the EV/EBITDA of INNOFOUR when it was acquired by SESA GROUP?

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

When was INNOFOUR acquired by SESA GROUP?

INNOFOUR was acquired by SESA GROUP in 2025.

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

The revenue of INNOFOUR at the time of the deal is estimated to be in the range of 5M - 25M EUR.

What was the EBITDA of INNOFOUR during the acquisition?

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

How is the data for the INNOFOUR 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 INNOFOUR 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.sesa.it/wp-content/uploads/2025/03/Press-Release-7th-March-2025-ENG-def.pdf

What is the average EV/EBITDA multiple for the TMT (Tech, Media, Telecom) sector in 2026?

The average EV/EBITDA multiple for the TMT (Tech, Media, Telecom) sector in 2026 is 15.1x.

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Home Database TMT (Tech, Media, Telecom)INNOFOUR

03/2025

INNOFOUR acquired by SESA GROUP

NETHERLANDS IT Services / Consulting & Integration EV 0M - 15M EUR

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.

By taking control of Innofour, Sesa Group continues its expansion strategy. Previously, the group had completed 2 acquisitions, including Smart Engineering in 2024.

INNOFOUR, which reported an EBITDA margin of in 2024, is valued in this transaction at an EV/EBITDA multiple of , a level than the average currently observed in the TMT (Tech, Media, Telecom) sector (15.1x).

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

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

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2024

2023

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REFERENCES

Valuation range: EV 0M - 15M EUR

Revenue range: 5M - 25M EUR

EBITDA range: 0M - 5M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of INNOFOUR by SESA GROUP 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: innofour

Acquirer: sesa group