At what enterprise value was NETHOUSE acquired in 2026?

During the acquisition of NETHOUSE by NORDLO in 2026, 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 300M - 700M SEK. 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 14.8x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of NETHOUSE when it was acquired by NORDLO?

The estimated EV/EBITDA multiple for NETHOUSE is in the range of 5x - 12x. For comparison, the TMT (Tech, Media, Telecom) sector currently shows an average EBITDA multiple of 14.8x. Join our community for free to access full valuation data and industry trends.

When was NETHOUSE acquired by NORDLO?

NETHOUSE was acquired by NORDLO in 2026.

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

The revenue of NETHOUSE at the time of the deal is estimated to be in the range of 250M - 500M SEK. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of NETHOUSE during the acquisition?

NETHOUSE's EBITDA is estimated to be in the range of 25M - 50M SEK. Join our community for free to access complete and exact deal data.

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 NETHOUSE 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 NETHOUSE 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.marketscreener.com/news/combinedx-divests-nethouse-for-an-enterprise-value-of-sek-345-million-ce7e51dfda81f32c

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Home Database TMT (Tech, Media, Telecom)NETHOUSE

04/2026

NETHOUSE acquired by NORDLO

SWEDEN IT Services / Infrastructure & Cloud / MSP (Managed Services) EV 300M - 700M SEK

Context

Combinedx AB has entered into a definitive agreement to divest its wholly-owned subsidiary, Nethouse, to Nordlo. This strategic carve-out allows Combinedx to realize significant value from an asset it acquired in 2020, while providing Nordlo with a highly profitable and specialized infrastructure unit. The transaction is subject to customary regulatory approvals from the Swedish Competition Authority and the Inspectorate of Strategic Products (ISP), with closing expected within five weeks of the announcement. The strategic rationale for Combinedx is the optimization of its portfolio and the generation of surplus liquidity, which the board intends to evaluate for potential extraordinary dividends or reinvestment into higher-growth digital segments. For Nordlo, the acquisition of Nethouse adds significant scale to its cloud and security offerings, integrating a team of 120 experts with a proven track record in high-availability systems.

NETHOUSE, which reported an EBITDA margin of LOGIN in 2024, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the TMT (Tech, Media, Telecom) sector (14.8x).

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

Nethouse is a specialized Swedish IT consultancy focused on robust cloud infrastructure and the management of high-availability systems with stringent security requirements. Founded in 1998, the organization provides mission-critical application management and IT infrastructure services to a diverse client base. The business model centers on high-reliability outsourcing and technical consulting, employing 120 professionals. Before its divestment, Nethouse was a core contributor to its parent group, representing 25% of its total revenue and pro forma EBITA. Its value proposition is anchored in the management of complex IT environments where uptime and data security are paramount, making it a key player in the Swedish managed services market.

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REFERENCES

Valuation range: EV 300M - 700M SEK

Revenue range: 250M - 500M SEK

EBITDA range: 25M - 50M SEK

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of NETHOUSE by NORDLO 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).