At what enterprise value was SENS-TECH acquired in 2019?

During the acquisition of SENS-TECH by DISCOVERIE GROUP in 2019, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 50M - 150M GBP. 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 13.4x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of SENS-TECH when it was acquired by DISCOVERIE GROUP?

The exact EV/EBITDA multiple for SENS-TECH is available on mynth capital. For comparison, the TMT (Tech, Media, Telecom) sector currently shows an average EBITDA multiple of 13.4x. Join our community for free to access full valuation data and industry trends.

When was SENS-TECH acquired by DISCOVERIE GROUP?

SENS-TECH was acquired by DISCOVERIE GROUP in 2019.

What was the revenue of SENS-TECH at the time of the deal?

The revenue of SENS-TECH at the time of the deal is estimated to be in the range of 5M - 25M GBP. Register for free to access the full transaction report and exact valuation multiples.

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 SENS-TECH 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 SENS-TECH 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://www.discoverieplc.com/news-centre/news/news-details/2019/Acquisition-of-Sens-Tech-Limited-amp-Proposed-Placing-10-17-2019/default.aspx

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Home Database TMT (Tech, Media, Telecom)SENS-TECH

10/2019

SENS-TECH

Acquired by

DISCOVERIE GROUP

UNITED KINGDOM Hardware & Electronics / Electronic Components / Sensors & Optics EV 50M - 150M GBP

SENS-TECH acquired by DISCOVERIE GROUP

UNITED KINGDOM Hardware & Electronics / Electronic Components / Sensors & Optics EV 50M - 150M GBP

Context

discoverIE Group plc has acquired 100% of Xi-Tech Limited and its subsidiary Sens-Tech Limited. The deal includes a further contingent cash consideration of up to 12.0 million GBP, payable over a three-year period subject to specific profit growth targets. To support the transaction and maintain its balance sheet strength, discoverIE launched a proposed placing of new ordinary shares to raise gross proceeds of approximately 33 million GBP. The strategic rationale for the acquisition is to enhance the Group's underlying operating margins and expand its international footprint, particularly in North America and Asia. Sens-Tech’s specialized sensing modules for medical and security markets align with discoverIE’s focus on high-growth, long-life cycle industrial applications. The acquisition is expected to be immediately accretive to underlying EPS.

SENS-TECH, which reported an EBITDA margin of LOGIN in 2018, 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 (13.4x).

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

Sens-Tech Limited is a specialist UK-based designer, manufacturer, and supplier of high-performance sensing and data acquisition modules. The organization focuses on x-ray and optical detection applications, providing critical components for the transport security (luggage and cargo scanning), medical (diagnostic imaging), food processing, and industrial inspection markets. Its technology suite includes specialized detectors and electronics that convert x-ray and light signals into digital data for high-resolution imaging. With a global customer base and approximately 70% of its revenues generated in North America and Asia, the entity specializes in customized, application-specific products designed for long life-cycle equipment. The group has a long-established track record of supplying high-quality, high-margin electronics to original equipment manufacturers (OEMs) worldwide, benefiting from structural growth in safety, security, and healthcare automation.

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Valuation range: EV 50M - 150M GBP

Revenue range: 5M - 25M GBP

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of SENS-TECH by DISCOVERIE GROUP are reserved for mynth community members. Register for free to unlock full data.

Authors: 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: discoverie group