SCREEN SERVICES acquired by GROUPE PASSMAN
Context
Passman has acquired a majority stake in Screen Services, a Belgian specialist in digital and connectivity solutions for the hospitality and healthcare sectors. This strategic acquisition aligns with Passman Group’s international expansion strategy, backed by financial investors and focused on a buy-and-build approach in the European market for connected solutions in hospitality and public venues. The deal strengthens Passman’s position in the Benelux region and expands its technological portfolio with complementary solutions that enhance its existing offerings. It also provides direct access to new clients and additional technologies while solidifying the group’s international presence. As part of the transaction, Screen Services’ managing director is reinvesting alongside Passman, ensuring management continuity and facilitating the smooth integration of the company into the new group.
SCREEN SERVICES, which reported an EBITDA margin of LOGIN in 2017, 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
Screen Services is a Belgian specialist in digital and connectivity solutions for public venues, with a focus on the hospitality and healthcare sectors. The company supports its clients in implementing and managing digital services designed to enhance user experience and streamline technical infrastructure management. With a strong historical presence in Belgium and Luxembourg, Screen Services has built a portfolio of several hundred clients, primarily comprising hotels, hospitals, and care homes. The company leverages a network of technology partners and operators to deliver integrated, tailored solutions that meet the specific needs of its clients. Its offerings include Wi-Fi connectivity, connected TV systems, digital signage, and a broader range of digital communication tools for professional environments. Screen Services has established itself as an integrator of solutions that drive the digital transformation of healthcare facilities and hospitality businesses.
Ent. Value
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Equity Value
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Multiples
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EV / EBITDA
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EV / EBIT
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Historical Financials (EUR)
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REFERENCES
Revenue range: 5M - 25M 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).
Target: screen services
Acquirer: groupe passman