mynth
06/2024

PRELIGENS acquired by SAFRAN

FRANCE Software / Industry-Specific Software / Defense & Aerospace EV €100–350M

Context

Safran announces the acquisition of 100% of the capital of Preligens, a leader in artificial intelligence (AI) dedicated to the aerospace and defense industries, for an enterprise value estimated at 220 million euros.

PRELIGENS, which reported an EBITDA margin of [members only] in 2023, is valued in this transaction at an EV/EBITDA multiple of [members only], to compare with the average currently observed in the TMT (Tech, Media, Telecom) sector (14.6x).

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Target

A pioneer in AI-powered geospatial intelligence (GEOINT). Preligens develops advanced algorithms to automatically analyze high-resolution satellite imagery, detecting and identifying military equipment (tanks, aircraft, ships) and monitoring strategic sites for intelligence agencies.

Ent. Value

€100–350M

Equity Value

[members only]

Multiples

EV / Revenue

4x–10x

EV / EBITDA

[members only]

EV / EBIT

[members only]

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2023
€10–30M
[members only]
[members only]
2022
€10–30M
[members only]
[members only]

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REFERENCES

Valuation range: EV €100–350M

Revenue range: €10–30M

EV/Revenue range: 4x - 10x

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

Acquirer: safran