At what enterprise value was PRODATA CONSULT acquired in 2021?

You can find the full valuation details of PRODATA CONSULT on mynth capital. The transaction's Enterprise Value is estimated to be in the range of 1b - 4b 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 PRODATA CONSULT when it was acquired by AXCEL?

The estimated EV/EBITDA multiple for PRODATA CONSULT is in the range of 10x - 18x. 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 PRODATA CONSULT acquired by AXCEL?

PRODATA CONSULT was acquired by AXCEL in 2021.

What was the EBITDA of PRODATA CONSULT during the acquisition?

PRODATA CONSULT's EBITDA is estimated to be in the range of 100M - 200M 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 PRODATA CONSULT 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 PRODATA CONSULT 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://axcel.com/axcel-invests-in-prodata-a-leading-northern-european-talent-centric-provider-of-it-consultants/

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Home Database TMT (Tech, Media, Telecom)PRODATA CONSULT

07/2021

PRODATA CONSULT acquired by AXCEL

DENMARK IT Services / Consulting & Integration EV 1b - 4b SEK

Context

Axcel has successfully finalized the acquisition of a majority stake in ProData Consult from Polaris and the organization's founders, marking the sixth platform investment for its Axcel VI fund. This strategic transaction aims to accelerate the target’s growth trajectory to establish a leading European talent-centric platform for IT consultants. The strategic rationale for the move is rooted in the convergence of an increasingly buoyant market for specialized digital talent and the target’s proven capability to deliver scalable, high-end technical solutions through its proprietary IT infrastructure. By incorporating the target’s market-leading position in Denmark and its strong established footprints in Poland, Sweden, and Norway, the group intends to drive a significant European consolidation program. The partnership focuses on scaling the unique "Nearshoring-as-a-Service" offering and entering new geographic markets to meet the surging demand for agile IT workforces. The founders and management remain significant shareholders, ensuring the preservation of the entrepreneurial culture and operational expertise that have driven the firm’s historical outperformance. This integration reinforces the group's standing as a primary enabler of digital growth and industrial efficiency in the Northern European professional services landscape.

It is worth noting that the fund Polaris Private Equity took control of Prodata Consult through an LBO in 2018.

PRODATA CONSULT, which reported an EBITDA margin of LOGIN in 2021, 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

ProData Consult is a leading Northern European provider of high-end business and IT consultants. Its business model is powered by a proprietary IT platform that provides blue-chip clients with scalability and access to quality-assured professionals through local freelance networks and Nearshoring-as-a-Service hubs in Poland. The company’s value proposition is built on agility and the ability to source top-tier talent for critical digitalization projects. Strategically owned by Axcel (since August 2021), ProData Consult pursues an aggressive "Buy-and-Build" strategy to expand beyond the Nordics. With €202 million in revenue (2020), the firm aims to become a pan-European IT consultancy powerhouse by integrating geographically complementary players into its centralized technology and operational framework.

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Other operations with PRODATA CONSULT

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
09/2021	PRODATA CONSULT	EMAGINE	DENMARK	Industrial Services	ProData Consult, facilitated by its majority shareholder Axcel, has acquired 100% of the French-headquartered emagine Group. This transformative acquisition represents ProData’s fourth deal in less than two years and serves as a cornerstone for its expansion outside the Nordics
06/2018	POLARIS PRIVATE EQUITY	PRODATA CONSULT	DENMARK	IT Services	Polaris has finalized the acquisition of a majority shareholding in ProData Consult to accelerate the organization's expansion across the Nordic region and beyond. This strategic investment marks the sixth entry for the acquirer’s Fund IV and aims to capitalize on the target's high-growth trajectory, which has exceeded 20% average annual growth over the last 15 years

REFERENCES

Valuation range: EV 1b - 4b SEK

EBITDA range: 100M - 200M SEK

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