POLYSTAR acquired by ELISA CORPORATION
Context
The acquisition of Polystar OSIX AB by Elisa Corporation is a strategic move to enhance Elisa's automation capabilities and provide innovative services to mobile operators globally. The deal combines Polystar OSIX's analytics expertise with Elisa's automation capabilities, enabling the development of new and innovative services internationally. The acquisition is consistent with Elisa's strategy to grow digital businesses internationally and provides Polystar OSIX with more resources for innovation and development. The transaction is expected to accelerate Elisa Automate's business, and Polystar OSIX's customers will benefit from more resources, strengthening the product portfolio further with innovative solutions based on machine learning and automation. The acquisition is a significant step for Elisa in expanding its presence in the global telecommunications market and enhancing its capabilities in network management and analytics.
POLYSTAR, which reported an EBITDA margin of LOGIN in 2019, 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
Polystar OSIX AB is a global provider of analytics, assurance, and monitoring software solutions for mobile operators. The company enables Communications Service Providers to achieve excellence in Customer Experience Management, Big Data Analytics, Service Assurance, Network Monitoring, and Service Enablement. With a strong focus on real-time network analytics, Polystar OSIX helps CSPs simplify their Customer Experience Management strategies and drive operational efficiency. Founded in 1983 in Stockholm, Sweden, Polystar OSIX has evolved into a global presence, serving customers in over 50 countries. The company is recognized as one of the fastest-growing companies in Sweden, with a portfolio of products that uncover a goldmine of data, yielding indispensable analytics to CSPs. Polystar OSIX's solutions are used by more than 100 operators globally, and the company is committed to continuous innovation and development, providing significant value to its customers.
Ent. Value
LOGIN
Equity Value
LOGIN
Multiples
EV / Revenue
LOGIN
EV / EBITDA
LOGIN
EV / EBIT
LOGIN
Historical Financials (SEK)
Similar deals in TMT (Tech, Media, Telecom)
| Date | Acquirer | Target | Country | Sector | Deal Context |
|---|---|---|---|---|---|
| 08/2019 | IDOX | TASCOMI | UNITED KINGDOM | Software | On August 12, 2019, Idox plc executed a 100% acquisition of Tascomi Ltd. The transaction was structured on a cash-free, debt-free basis, financed via an accelerated bookbuild placing of new ordinary shares to raise net proceeds of approximately seven million pounds |
| 07/2019 | MBO+ | SEQUOIASOFT | FRANCE | Software | Sequoiasoft, a developer of management and marketing software for hospitality professionals, is restructuring its shareholding and embarking on a new phase of its development by bringing MBO on board as a majority shareholder alongside management |
| 06/2019 | TAGMASTER | SENSYS NETWORKS | UNITED STATES | Software | TagMaster has finalized the acquisition of Sensys Networks, a maneuver designed to fundamentally strengthen the group’s competitive positioning within the global Intelligent Transportation Systems (ITS) and Smart City markets |
| 05/2019 | BLACKROCK | EFRONT | FRANCE | Software | The acquisition of eFront by BlackRock marks a transformative milestone in the evolution of investment management technology. This strategic transaction facilitates the full exit of the previous financial sponsor, Bridgepoint, and marks the transition of the Parisian software leader from private equity ownership to integration within a global financial giant |
| 05/2019 | BRIDGESTONE CORPORATION | TOMTOM TELEMATICS | NETHERLANDS | Software | In a transformative move for the automotive services sector, Bridgestone Europe, a subsidiary of the Japanese giant Bridgestone Corporation, has reached an agreement to acquire TomTom Telematics. The transaction highlights a significant strategic realignment by the world's largest tire manufacturer, as it seeks to fortify its digital capabilities and accelerate its transition into a Mobility as a Service (MaaS) provider |
| 03/2019 | THERADIAL | GROUPE THÉMA | FRANCE | Software | This growth transaction marks a significant evolution for Théradial, transitioning from a specialized medical device distributor to a provider of an integrated ecosystem encompassing care equipment and clinical operation digital solutions |
| 12/2018 | FIVE ARROWS | HARVEST | FRANCE | Software | Five Arrows announced the acquisition of a majority block of Harvest's capital from its foundersand key managers at a price of EUR85 per share. This block purchase triggered a mandatory simplified public tender offer (OPA) for the remaining shares |
| 11/2018 | IK PARTNERS | QUANOS | GERMANY | Software | The transaction involves the acquisition of a controlling interest in SCHEMA Group by the IK Small Cap II Fund, alongside the company’s founders. This deal represents a strategic partnership intended to transition the founder-led niche leader into an institutionalized platform capable of capturing broader international market share |
| 11/2018 | BMAX | MAXIFIER | NORWAY | Software | Maxifier Ltd has been acquired by Bmax AS. The transaction was announced on 20 November 2018 following a shareholder agreement between the parties. Bmax purchased a 70 percent equity stake in Maxifier, which had been a wholly‑owned subsidiary of Cxense ASA |
| 10/2018 | SABA SOFTWARE | LUMESSE EX STEPSTONE SOLUTIONS | GERMANY | Software | Private equity firm Hg (formerly HgCapital) has reached a definitive agreement to divest the HR software company Lumesse to trade buyer Saba Software, which is currently backed by private equity sponsor Vector Capital |
REFERENCES
Valuation range: EV 500M - 1.5b SEK
Revenue range: 250M - 500M SEK
EBITDA range: 50M - 100M SEK
Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of POLYSTAR by ELISA CORPORATION 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).
Press release: view release
Acquirer: elisa corporation