At what enterprise value was KEENFINITY acquired in 2025?

During the acquisition of KEENFINITY by TRITON PARTNERS in 2025, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 500M - 1.5b EUR. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the TMT (Tech, Media, Telecom) industry currently tracks an average EBITDA multiple of 14.3x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of KEENFINITY when it was acquired by TRITON PARTNERS?

The exact EV/EBITDA multiple for KEENFINITY is available on mynth capital. For comparison, the TMT (Tech, Media, Telecom) sector currently shows an average EBITDA multiple of 14.3x. Join our community for free to access full valuation data and industry trends.

When was KEENFINITY acquired by TRITON PARTNERS?

KEENFINITY was acquired by TRITON PARTNERS in 2025.

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

The revenue of KEENFINITY at the time of the deal is estimated to be in the range of 750M - 1.3b EUR. Register for free to access the full transaction report and exact valuation multiples.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the KEENFINITY 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 KEENFINITY 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://sen.news/bosch-sells-security-and-communications-business/

← DATABASE

Home Database TMT (Tech, Media, Telecom)KEENFINITY

06/2025

KEENFINITY acquired by TRITON PARTNERS

GERMANY Hardware & Electronics / IT Equipment EV 500M - 1.5b EUR

Context

Triton acquired the product business of Bosch Security and Safety Systems for an estimated ~EUR700m ($725m). The deal separates the product manufacturing business (now Keenfinity) from Bosch's system integration business (which Bosch retained). The new entity will rebrand its portfolio over time: Video products to "IQSIGHT" and Intrusion/Access to "Radionix", under the Keenfinity corporate umbrella.

KEENFINITY, which reported an EBITDA margin of LOGIN in 2024, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the TMT (Tech, Media, Telecom) sector (14.3x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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

Target

Keenfinity Group is a leading global provider of security and communication products. Formed from the carve-out of Bosch's product division, it operates in two main areas: Security (Video, Access, Intrusion) and Professional Audio. It owns heritage brands like Dynacord, Electro-Voice, RTS, and Telex. The group employs ~4,300 people across 90 locations and manufacturing sites in Germany, Portugal, Mexico, and China.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2024

2023

Other operations with KEENFINITY

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
01/2026	KEENFINITY	AVONIC	NETHERLANDS	Hardware & Electronics	Keenfinity Group has acquired Avonic, a Dutch specialist in cameras and voice-tracking technologies for the AV conferencing market, with the goal of expanding its audio conferencing solutions with state-of-the-art video solutions, enabling system integrators and equipment providers to access a seamless, integrated audio-video portfolio. This strategic acquisition strengthens Keenfinity Group's leading position in the conferencing segment, allowing it to provide more comprehensive and integrated solutions to its clients. Keenfinity Group intends to utilize Avonic's artificial intelligence-powered video capabilities to enhance the meeting experience of its clients, providing a more engaging and natural conferencing solution. Both companies share a strong focus on research and development, and are recognized for their ability to provide high-quality and customized solutions to meet the specific needs of their clients. The acquisition of Avonic by Keenfinity Group is the result of a targeted expansion strategy, aimed at strengthening the group's leading position in the AV conferencing market. The acquisition is subject to the approval of the relevant regulatory authorities.

REFERENCES

Valuation range: EV 500M - 1.5b EUR

Revenue range: 750M - 1.3b EUR

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

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Target: keenfinity

Acquirer: triton partners