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 transaction's Enterprise Value is estimated to be in the range of 300M - 700M CHF.

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.

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.

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.

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

What is the average EV/EBITDA multiple for the TMT (Tech, Media, Telecom) sector in 2026?

The average EV/EBITDA multiple for the TMT (Tech, Media, Telecom) sector in 2026 is 15.1x.

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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 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 (15.1x).

-> 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.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (CHF)

Year

Rev

EBITDA

EBIT

2021

2020

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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: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Acquirer: triton partners