At what enterprise value was SWISS IT SECURITY GROUP (SITS) acquired in 2021?

During the acquisition of SWISS IT SECURITY GROUP (SITS) by TRITON PARTNERS in 2021, 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 300M - 700M CHF. 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 14.4x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of SWISS IT SECURITY GROUP (SITS) when it was acquired by TRITON PARTNERS?

The estimated EV/EBITDA multiple for SWISS IT SECURITY GROUP (SITS) is in the range of 15x - 25x. For comparison, the TMT (Tech, Media, Telecom) sector currently shows an average EBITDA multiple of 14.4x. Join our community for free to access full valuation data and industry trends.

What was the revenue of SWISS IT SECURITY GROUP (SITS) at the time of the deal?

The revenue of SWISS IT SECURITY GROUP (SITS) at the time of the deal is estimated to be in the range of 100M - 200M CHF. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of SWISS IT SECURITY GROUP (SITS) during the acquisition?

SWISS IT SECURITY GROUP (SITS)'s EBITDA is estimated to be in the range of 10M - 30M CHF. Join our community for free to access complete and exact deal data.

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 SWISS IT SECURITY GROUP (SITS) 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 SWISS IT SECURITY GROUP (SITS) 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://www.unquote.com/dach/official-record/3024458/ufenau-sells-swiss-it-security-to-triton-for-12x-money

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Home Database TMT (Tech, Media, Telecom)SWISS IT SECURITY GROUP (SITS)

07/2021

SWISS IT SECURITY GROUP (SITS) acquired by TRITON PARTNERS

SWITZERLAND IT Services / Consulting & Integration / Cybersecurity Services EV 300M - 700M CHF

Context

Triton Partners has acquired a majority stake in Swiss IT Security Group (SITS) from Ufenau Capital Partners. The transaction values the company at over EUR450 million. This exit represents a phenomenal return for Ufenau, generating a 12x Money Multiple and an IRR of >150% in just 4 years. Management remains invested alongside Triton.

SWISS IT SECURITY GROUP (SITS), which reported an EBITDA margin of LOGIN in 2021, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the TMT (Tech, Media, Telecom) sector (14.4x).

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.

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

Target

Headquartered in Wettingen, Switzerland, SITS is a leading provider of comprehensive cybersecurity services. The group offers strategic consulting, implementation of security solutions, and managed security services (MSSP) to corporate clients, SMEs, and public organizations. At the time of the deal, SITS employed 500 staff across 19 offices in Switzerland, Germany, Austria, Belgium, and the Netherlands. The company was built through an aggressive buy-and-build strategy, integrating 17 add-on acquisitions during Ufenau's ownership.

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REFERENCES

Valuation range: EV 300M - 700M CHF

Revenue range: 100M - 200M CHF

EBITDA range: 10M - 30M CHF

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of SWISS IT SECURITY GROUP (SITS) by TRITON PARTNERS 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).

Acquirer: triton partners