SEQUOIASOFT acquired by SEPTEO
Context
Septeo, a leading software publisher in Europe, announces the acquisition of the entire Sequoiasoft group (a software publisher for the hospitality industry). This acquisition allows the group to initiate sector diversification and accelerate its international presence, notably by establishing a significant foothold in Spain. Sequoiasoft had been under leveraged buyout (LBO) since 2019 with MBO+.
It is worth noting that the fund Mbo+ took control of Sequoiasoft through an LBO in 2019.
SEQUOIASOFT, which reported an EBITDA margin of in 2022, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the TMT (Tech, Media, Telecom) sector (15.1x).
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Target
A leading developer of management software (PMS - Property Management Systems) for the hospitality, restaurant, and wellness sectors. Sequoiasoft provides all-in-one solutions for booking, operations, and customer management for hotels, campsites, and spas.
Ent. Value
Equity Value
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Historical Financials (EUR)
Other operations with SEQUOIASOFT
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 07/2019 | MBO+ | SEQUOIASOFT | FRANCE | Travel & Hospitality |
REFERENCES
Revenue range: 25M - 50M EUR
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Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.