At what enterprise value was STARBLUE (STAR2STAR) acquired in 2021?

During the acquisition of STARBLUE (STAR2STAR) by SANGOMA in 2021, the transaction's Enterprise Value is estimated to be in the range of 300M - 700M USD.

What was the EV/EBITDA of STARBLUE (STAR2STAR) when it was acquired by SANGOMA?

The estimated EV/EBITDA multiple for STARBLUE (STAR2STAR) is in the range of Above 20x.

When was STARBLUE (STAR2STAR) acquired by SANGOMA?

STARBLUE (STAR2STAR) was acquired by SANGOMA in 2021.

What was the revenue of STARBLUE (STAR2STAR) at the time of the deal?

The revenue of STARBLUE (STAR2STAR) at the time of the deal is estimated to be in the range of 50M - 100M USD.

What was the EBITDA of STARBLUE (STAR2STAR) during the acquisition?

STARBLUE (STAR2STAR)'s EBITDA is estimated to be in the range of 5M - 25M USD.

How is the data for the STARBLUE (STAR2STAR) 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 STARBLUE (STAR2STAR) 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://sangoma.com/company/press-releases/sangoma-closes-acquisition-of-star2star/

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Home Database TMT (Tech, Media, Telecom)STARBLUE (STAR2STAR)

01/2021

STARBLUE (STAR2STAR) acquired by SANGOMA

UNITED STATES Software / Collaboration & Productivity EV 300M - 700M USD

Context

The transaction encompasses the full acquisition of StarBlue Inc. by Sangoma Technologies Corporation. From a strategic perspective, this cross-border integration is highly value-accretive, forging a top-tier unified communications entity capable of delivering a fully integrated suite of cloud, on-premise, and hybrid solutions. The combination completes the acquirer's long-term evolution into a pure-play SaaS platform, pushing pro-forma recurring revenues to roughly 70 percent. It strategically opens access to the lucrative enterprise segment and a vast network of over 650 channel partners.

STARBLUE (STAR2STAR), which reported an EBITDA margin of in 2020, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the TMT (Tech, Media, Telecom) sector (15.3x).

-> Deep-dive in TMT (Tech, Media, Telecom) market trends

Target

StarBlue Inc., operating under the name Star2Star, is a United States-based technology provider specializing in cloud-native communications services. The company develops and delivers a comprehensive suite of digital transformation solutions, encompassing voice, contact center functionalities, video meetings, Communications Platform as a Service (CPaaS), and Desktop as a Service integrations. Its multi-tenant platform is designed to operate seamlessly across various devices, from traditional desk phones to mobile softphones, ensuring high availability for users. Operating with a robust business model characterized by highly recurring revenues, the firm predominantly serves the mid-market and enterprise segments. The company has successfully established a highly differentiated go-to-market strategy, leveraging a vast network of over 650 active channel partners, including managed service providers, value-added resellers, and wholesale distributors.

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REFERENCES

Valuation range: EV 300M - 700M USD

Revenue range: 50M - 100M USD

EBITDA range: 5M - 25M USD

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of STARBLUE (STAR2STAR) by SANGOMA 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.

Press release: view release

Acquirer: sangoma