mynth
06/2018100%

Screen Services acquired by Groupe Passman

BELGIUM IT Services / Infrastructure & Cloud / MSP (Managed Services) REV €5–25M

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 [members only] in 2017, is valued in this transaction at an EV/EBITDA multiple of [members only].

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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

[members only]

Equity Value

[members only]

Multiples

EV / Revenue

[members only]

EV / EBITDA

[members only]

EV / EBIT

[members only]

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2017
€5–25M
[members only]
[members only]
2016
€5–25M
[members only]
[members only]

Other operations with Groupe Passman

Other operations with Groupe Passman
DateAcquirerTargetCountrySector
04/2026GROUPE PASSMANHOTEL TECHNOLOGY MANAGEMENT (HTM)UNITED KINGDOMIT Equipment
07/2023SIPAREXGROUPE PASSMANFRANCEIT Equipment
03/2019LBO FRANCEGROUPE PASSMANFRANCEIT Equipment
05/2014ANDERA PARTNERSGROUPE PASSMANFRANCEIT Equipment
04/2010SIPAREX / RHÔNES-ALPES PMEGROUPE PASSMANFRANCEIT Equipment

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REFERENCES

Revenue range: REV €5–25M

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

Target: screen services

FAQ

What transaction does this page cover?

This page covers Groupe Passman’s acquisition of 100% of Screen Services, a Belgian company specialised in Infrastructure & Cloud, in 2018.

What was Screen Services’s revenue at the time of the deal?

At the time of the transaction, Screen Services’s annual revenue was estimated within the €5–25M range (FY 2017). Detailed financial figures are available to members.

What sources support the information on this transaction?

Transaction data and operational intelligence were compiled from independent financial press reporting by specialized M&A publications.

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