mynth
05/2021

STORMGEO acquired by ALFA LAVAL

NORWAY Software / Data, Analytics & AI EV 3b - 100b SEK

Context

Alfa Laval has completed the 100% acquisition of StormGeo, a global provider of weather intelligence and decision support services, from owners including EQT and DNV GL. The transaction was structured as a cash-funded purchase, fully integrated into Alfa Laval’s Marine Division. The acquisition serves as a key pillar in Alfa Laval’s "decarbonization toolbox," designed to accelerate the company’s digital transformation. By acquiring StormGeo, Alfa Laval integrates high-end weather-based routing and analytics into its marine offering, providing an immediate upgrade to fleet performance and fuel efficiency for its customers. The move broadens Alfa Laval’s service scope, shifting from pure equipment-based hardware solutions to integrated, data-driven digital services that enhance the operational sustainability of its installed base. This deal represents a strategic benchmark for industrial conglomerates aiming to pivot toward "Industrial IoT" (IIoT) services. It highlights the growing importance of proprietary data platforms in traditional maritime hardware markets, signaling a trend where industrial equipment providers are acquiring specialized software companies to offer comprehensive efficiency solutions in response to global environmental regulatory tightening.

STORMGEO, which reported an EBITDA margin of in 2021, 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 (13.7x).

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

Target

StormGeo is a global leader in meteorological intelligence and decision support services, providing advanced data science solutions tailored for weather-sensitive operations. The company serves a critical role in the maritime, energy, and aviation sectors by transforming complex oceanographic and meteorological data into actionable operational insights. Its platform enables clients to manage environmental risks, optimize logistical performance, and ensure compliance with evolving sustainability regulations. The company's core value proposition is built upon a proprietary, scalable software platform that provides real-time analytics to improve fuel efficiency, safety, and uptime for high-value assets. By leveraging deep expertise in meteorology and data science, StormGeo supports a diverse client base ranging from shipping fleets to offshore energy installations. The business model is characterized by strong recurring revenue streams, driven by critical-need subscription services. As industries face increasing pressure to adopt more sustainable practices, StormGeo acts as a strategic enabler, providing the digital tools necessary to reduce carbon footprints and improve resource management, solidifying its position as an essential partner in the global industrial digitalization landscape.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (SEK)

Year
Rev
EBITDA
EBIT
2021
2020

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REFERENCES

Valuation range: EV 3b - 100b SEK

Revenue range: 450M - 900M SEK

EBITDA range: 100M - 200M SEK

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of STORMGEO by ALFA LAVAL 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

Target: stormgeo

Acquirer: alfa laval