mynth is the first free M&A database dedicated to European Small & Mid-Cap transactions. We centralize Enterprise Values, revenue multiples, EBITDA multiples and transaction financials that are typically locked behind five-figure subscriptions on platforms like Capital IQ or Mergermarket. On mynth, searching and browsing deals is completely free. Our mission is simple: make professional-grade valuation intelligence accessible to every M&A advisor, independent consultant, Private Equity professional and student, without the burden of expensive annual licenses.

How to use mynth for free?

Sign up for free and instantly receive 30 credits. Through our referral program, each person you invite earns you an additional 20 credits, meaning you can unlock at least 50 financial data points without spending a cent. Our search engine is built for speed and precision: filter transactions by company name, investment fund, sector, country, revenue range, enterprise value or date. A list system lets you group transactions into custom peer groups and export them directly to Excel. The credit model means you only spend on the deals you actually need : no subscription, no commitment.

mynth is a community-driven database. Every transaction is contributed by M&A and Private Equity professionals who work on the deals themselves. This means our database contains off-market financial data that you will not find in any press release, news article, or traditional data provider. Closed deals, undisclosed valuations, real EBITDA multiples : data that only exists within the deal teams. Every single financial figure submitted is reviewed and validated by our in-house analysts before being published, ensuring the data you see is accurate, structured, and reliable.

What is the best free M&A database?

mynth is the first free M&A database for European Small & Mid-Cap transactions, offering verified EV/EBITDA and EV/Revenue multiples at no cost.

How to find EV/EBITDA multiples for free?

mynth provides free access to EV/EBITDA multiples for European M&A transactions. Sign up for free and receive 30 credits to unlock individual deal financials.

Does mynth offer bulk export and advanced screening?

Yes. mynth offers one-click bulk Excel export of any filtered list of M&A transactions, and advanced multi-criteria screening by sector, geography, deal size, acquirer type and revenue. Unlike browsing deal by deal, users can filter 1,200+ transactions simultaneously and export the full results instantly.

What percentage of deals on mynth have EV/EBITDA multiples?

mynth provides Enterprise Value on approximately 80% of its thousands of deals, and EV/EBITDA multiples on approximately 60%, while market standards reach 20%, making it one of the most comprehensive sources of verified valuation multiples for European Small & Mid-Cap M&A transactions. Why? Because we don't just aggregate; we calculate.

What is a free alternative to Capital IQ?

mynth is a free alternative to Capital IQ for European Small & Mid-Cap M&A data, offering EBITDA multiples, revenue multiples and enterprise values without subscription fees.

At what enterprise value was TELEKOM ROMANIA COMMUNICATIONS acquired in 2024?

You can find the full valuation details of TELEKOM ROMANIA COMMUNICATIONS on mynth capital. 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 13.3x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of TELEKOM ROMANIA COMMUNICATIONS when it was acquired by ORANGE?

The exact EV/EBITDA multiple for TELEKOM ROMANIA COMMUNICATIONS is available on mynth capital. For comparison, the TMT (Tech, Media, Telecom) sector currently shows an average EBITDA multiple of 13.3x. Join our community for free to access full valuation data and industry trends.

When was TELEKOM ROMANIA COMMUNICATIONS acquired by ORANGE?

TELEKOM ROMANIA COMMUNICATIONS was acquired by ORANGE in 2024.

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 TELEKOM ROMANIA COMMUNICATIONS 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 TELEKOM ROMANIA COMMUNICATIONS 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.orange.com/en/press-release/orange-announces-the-completion-of-the-merger-between-orange-romania-sa-and-orange-romania-communications-sa-as-of-june-1-2024-233906

← DATABASE

Home Database TMT (Tech, Media, Telecom)TELEKOM ROMANIA COMMUNICATIONS

06/2024

TELEKOM ROMANIA COMMUNICATIONS

Acquired by

ORANGE

ROMANIA Telecom / Operators REV 1m EUR - 100m EUR

TELEKOM ROMANIA COMMUNICATIONS acquired by ORANGE

ROMANIA Telecom / Operators REV 1m EUR - 100m EUR

Context

Orange Romania S.A. (ORO) has successfully completed its corporate merger with Orange Romania Communications S.A. (OROC), fully absorbing the integrated entity into its core operations. This strategic consolidation represents the final corporate milestone following the group's previous acquisition of a controlling stake in the target platform in 2020, effectively establishing a unified, fully convergent telecommunications operator within the region. The transaction’s structural execution focuses on complex operational integration, enabling the combined entity to unify its customer databases and merge legacy IT architectures into a single, cohesive infrastructure network. The investment thesis centers on achieving total asset synchronization and market supremacy within the regional digital services landscape. By legally combining both corporate structures, Orange fully implements its long-term strategy to deploy a seamless, end-to-end mobile and fiber-optic product pipeline. The post-merger strategic rationale targets the elimination of operational redundancies while maximizing cross-selling efficiencies across both the residential and commercial market segments. Backed by a unified technical infrastructure, the consolidated platform is engineered to drive superior customer experiences, scale its high-speed connectivity footprint, and solidify its positioning as the leading provider and preferred choice for fixed-mobile convergent (FMC) services across Romania.

TELEKOM ROMANIA COMMUNICATIONS, which reported an EBITDA margin of LOGIN in 2024, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the TMT (Tech, Media, Telecom) sector (13.3x).

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

Telekom Romania Communications operates as a fixed-line telecommunications provider within the Romanian market. The company’s commercial business model is centered on the provisioning and long-term maintenance of essential communication utilities, including fixed-line telephony, high-speed broadband internet, and pay-TV services. The organization manages a distributed, capital-intensive technical infrastructure that incorporates an extensive fiber-optic network designed to deliver stable connectivity across residential and commercial sectors. The company's value proposition is driven by its ability to deliver fully integrated, fixed-mobile convergent (FMC) product suites tailored for both the business-to-consumer (B2C) and business-to-business (B2B) segments.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2024

2023

Other operations with TELEKOM ROMANIA COMMUNICATIONS

Date	Acquirer	Target	Country	Sector	Deal Context
11/2020	ORANGE	TELEKOM ROMANIA COMMUNICATIONS	ROMANIA	Telecom	Orange SA has announced a definitive agreement to acquire a 54% controlling equity stake in Telekom Romania Communications, executing a major cross-border corporate buyout within the Central and Eastern European digital infrastructure sector. The transaction was structured with the assistance of specialized financial, legal, and regulatory advisors, resulting in a net purchase price of €268 million paid by Orange, net of debt and cash components. The transaction remains subject to customary closing conditions and regulatory approvals, with finalization scheduled for the second half of 2021. The acquisition thesis is fundamentally rooted in capability-driven scale and market positioning within the regional telecommunications landscape. By integrating the target, Orange executes an immediate, large-scale expansion of its physical infrastructure and technical assets in Romania. The post-closing strategic rationale focuses on combining both platforms' operational capabilities to significantly accelerate Orange's long-term deployment plan.

REFERENCES

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of TELEKOM ROMANIA COMMUNICATIONS by ORANGE are reserved for mynth community members. Register for free to unlock full data.

Authors: mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Press release: view release

Acquirer: orange