At what enterprise value was SIMONSVOSS TECHNOLOGIES acquired in 2015?

During the acquisition of SIMONSVOSS TECHNOLOGIES by ALLEGION in 2015, 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 100M - 350M EUR. 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 14.3x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of SIMONSVOSS TECHNOLOGIES when it was acquired by ALLEGION?

The exact EV/EBITDA multiple for SIMONSVOSS TECHNOLOGIES is available on mynth capital. For comparison, the TMT (Tech, Media, Telecom) sector currently shows an average EBITDA multiple of 14.3x. Join our community for free to access full valuation data and industry trends.

When was SIMONSVOSS TECHNOLOGIES acquired by ALLEGION?

SIMONSVOSS TECHNOLOGIES was acquired by ALLEGION in 2015.

What was the revenue of SIMONSVOSS TECHNOLOGIES at the time of the deal?

The revenue of SIMONSVOSS TECHNOLOGIES at the time of the deal is estimated to be in the range of 50M - 100M EUR. 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 SIMONSVOSS TECHNOLOGIES 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 SIMONSVOSS TECHNOLOGIES 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://hgcapital.com/insights/hgcapital-agrees-sale-of-simonsvoss-to-allegion

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Home Database TMT (Tech, Media, Telecom)SIMONSVOSS TECHNOLOGIES

06/2015

SIMONSVOSS TECHNOLOGIES acquired by ALLEGION

GERMANY Hardware & Electronics / IT Equipment / IoT & Connected Objects EV 100M - 350M EUR

Context

Private equity firm HgCapital has successfully completed the divestiture of SimonsVoss Technologies GmbH to Ireland-headquartered, NYSE-listed Allegion plc (NYSE: ALLE), a premier global provider of security products and solutions. Exclusively advised by investment bank Robert W. Baird and legal counsel Linklaters LLP, the financial sponsor officially exits a highly transformative holding period that began in 2010. The buyout has received all necessary regulatory clearances and was executed through Allegion's Luxembourg-based holding and financing subsidiary. For the strategic buyer, the acquisition is highly complementary, unlocking immediate synergy opportunities and explicitly solidifying its global leadership in the electro-mechanical conversion space. By absorbing SimonsVoss, Allegion significantly bolsters its technical expertise while gaining immediate access to a robust network of established channel partners across key international markets. Conversely, the target will leverage Allegion's massive $2 billion global scale—spanning 130 countries across both commercial and residential security segments—to aggressively drive demand creation and accelerate its next phase of corporate growth.

Historically, the company experienced a leveraged buyout orchestrated by Hg Capital in 2010.

SIMONSVOSS TECHNOLOGIES, which reported an EBITDA margin of LOGIN in 2014, 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 (14.3x).

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

Founded in 1995 and headquartered in Munich, SimonsVoss Technologies AG is a premier developer and technology leader in digital, radio-based locking and access control systems. Since introducing its flagship actively controlled electronic locking cylinder in 1998, the company has successfully installed over 750,000 units across a diverse, blue-chip corporate customer base. Supported by a manufacturing site in Petersburg and a dedicated global workforce of over 225 employees, the business demonstrates outstanding financial fundamentals. It currently generates over €37 million in top-line sales while maintaining an impressive compound annual growth rate (CAGR) of over 20% since the early 2000s.

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Other operations with SIMONSVOSS TECHNOLOGIES

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
05/2010	HG CAPITAL	SIMONSVOSS TECHNOLOGIES	GERMANY	Hardware & Electronics	Pan-European private equity firm HgCapital has reached a definitive agreement to acquire a majority equity stake in German-based SimonsVoss Technologies AG. Executed as a privately negotiated transaction, the buyout includes an approximate £10.5 million capital commitment from the listed investment vehicle HgCapital Trust plc. Subject to customary competition clearance, the deal officially partners the financial sponsor with the target's existing management board to propel the company into its next phase of corporate expansion. The investment underscores HgCapital’s established strategy of backing highly innovative, high-growth technology platforms operating across Continental Europe. Leveraging its deep sector insight and strong execution capabilities, the sponsor intends to actively support management in creating sustainable long-term value. The core value-creation playbook focuses on accelerating the company's international reach and significantly broadening its existing product portfolio, effectively capitalizing on a best-in-class product range and highly favorable, fast-growing market tailwinds.

REFERENCES

Valuation range: EV 100M - 350M EUR

Revenue range: 50M - 100M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of SIMONSVOSS TECHNOLOGIES by ALLEGION 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).

Target: simonsvoss technologies

Acquirer: allegion