MD CONSULTING UND INFORMATIONSDIENSTE acquired by SPYROSOFT
Context
Spyrosoft has signed a definitive agreement to acquire 100% of the shares in MD Consulting und Informationsdienste GmbH, a strategic move designed to significantly bolster its presence in the German market. This acquisition follows Spyrosoft's stated objective to deepen its penetration in the DACH region, which already accounts for approximately 25% of the group's total turnover. The strategic rationale for the deal is centered on diversification and market access. By integrating MD Consulting, Spyrosoft gains an established gateway into the German public sector, a segment characterized by high technical requirements and significant barriers to entry for non-local firms. This allows Spyrosoft to apply its large-scale software engineering capabilities to public procurement projects that were previously difficult to access.
MD CONSULTING UND INFORMATIONSDIENSTE, which reported an EBITDA margin of LOGIN in 2025, 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 (14.4x).
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.
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Target
MD Consulting und Informationsdienste is a specialized German IT services provider with a focus on high-level consulting, software development, and professional training. The company operates a business model centered on technical excellence and long-term partnerships, particularly within Germany’s public sector. Its value proposition lies in its ability to manage complex IT projects, ranging from bespoke software engineering to the distribution of specialized technology solutions and the provision of vocational technical training for IT professionals. MD Consulting’s strategy emphasizes deep local expertise and a robust reputation for reliability in public procurement, which requires strict compliance and specialized knowledge of governmental IT standards. By maintaining a lean and expert-led organizational structure, the firm provides tailored digital transformation services to administrative and public entities, ensuring the modernization of critical public infrastructure while supporting the ongoing skill development of its clients’ internal technical teams.
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Historical Financials (EUR)
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REFERENCES
Valuation range: EV 0M - 15M EUR
Revenue range: 0M - 5M EUR
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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).