STARBLUE (STAR2STAR)
Acquired by
SANGOMA
STARBLUE (STAR2STAR) acquired by SANGOMA
Target
STARBLUE (STAR2STAR)
Acquirer
SANGOMA
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 LOGIN in 2020, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level around LOGIN higher than the average currently observed in the TMT (Tech, Media, Telecom) sector (13.8x).
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
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.
Ent. Value
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Equity Value
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Multiples Analysis
EV / Revenue
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EV / EBITDA
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EV / EBIT
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Historical Financials (USD)
Other operations with STARBLUE (STAR2STAR)
REFERENCES
Authors: mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).