At what enterprise value was TELTRONIC acquired in 2025?

You can find the full valuation details of TELTRONIC 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 13.0x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of TELTRONIC when it was acquired by NAZCA CAPITAL?

The exact EV/EBITDA multiple for TELTRONIC is available on mynth capital. For comparison, the TMT (Tech, Media, Telecom) sector currently shows an average EBITDA multiple of 13.0x. Join our community for free to access full valuation data and industry trends.

When was TELTRONIC acquired by NAZCA CAPITAL?

TELTRONIC was acquired by NAZCA CAPITAL in 2025.

What was the revenue of TELTRONIC at the time of the deal?

The revenue of TELTRONIC at the time of the deal is estimated to be in the range of 50M - 100M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of TELTRONIC during the acquisition?

TELTRONIC's EBITDA is estimated to be in the range of 5M - 25M EUR. 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 TELTRONIC 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 TELTRONIC 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.nazca.es/en/noticias/nazca-acquires-100-of-teltronics-capital-the-first-investment-of-its-new-defense-fund/

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Home Database TMT (Tech, Media, Telecom)TELTRONIC

07/2025

TELTRONIC

Acquired by

NAZCA CAPITAL

SPAIN Hardware & Electronics / IT Equipment REV 50M - 100M EUR

TELTRONIC acquired by NAZCA CAPITAL

SPAIN Hardware & Electronics / IT Equipment REV 50M - 100M EUR

Context

Nazca Capital has acquired 100% of the capital of Teltronic from a subsidiary of the Chinese multinational Hytera Communications. This transaction marks the inaugural investment for Nazca's new fund, the Fondo Nazca Aeroespacial y Defensa INNVIERTE I FCR. The acquisition is strategically positioned to reinforce European technological sovereignty in the critical communications sector. By bringing Teltronic under Spanish ownership, the deal aims to provide Spanish and European defense and interior ministries with a trusted, sovereign technology provider, thereby reducing dependence on non-European entities for tactical military and national security communications. The investment from Nazca is intended to accelerate Teltronic's growth trajectory, both organically and through future acquisitions. The company's management team, led by its CEO, has backed the transaction, viewing it as an endorsement of their innovation-focused strategy. Key growth areas targeted post-acquisition include the public safety and mass passenger transportation markets, alongside a strategic entry into the defense sector, leveraging the company's dual-use technological capabilities.

TELTRONIC, 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 (13.0x).

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

Teltronic S.A.U. is a Spanish technology company specializing in the design, manufacturing, and deployment of professional mission-critical radio communications systems and equipment. The company provides comprehensive solutions for sectors where reliable and secure communication is paramount, including public safety, defense, transportation, and utilities. Its product portfolio encompasses a wide range of technologies, including TETRA (Terrestrial Trunked Radio) and LTE (Long-Term Evolution) solutions, which are crucial for voice and data communications in complex operational environments. The firm's integrated approach covers the entire value chain, from research and development and hardware manufacturing to software development and system implementation. Teltronic offers end-to-end solutions that include infrastructure, terminals (handheld radios, mobile units), and control center applications. The company's systems are designed for high availability, robustness, and security to ensure seamless communication for police forces, firefighters, emergency medical services, and operators of critical infrastructure like railways, metros, and power grids. By focusing on private network deployments, Teltronic ensures dedicated and resilient connectivity for its clients' most demanding operational needs.

Ent. Value

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Historical Financials (EUR)

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2023

Other operations with TELTRONIC

Date	Acquirer	Target	Country	Sector	Deal Context
05/2026	AMPER	TELTRONIC	SPAIN	Hardware & Electronics	Teltronic S.A.U. is a Spanish technology company specializing in the design, manufacturing, and deployment of professional mission-critical radio communications systems and equipment. The company provides comprehensive solutions for sectors where reliable and secure communication is paramount, including public safety, defense, transportation, and utilities. Its product portfolio encompasses a wide range of technologies, including TETRA (Terrestrial Trunked Radio) and LTE (Long-Term Evolution) solutions, which are crucial for voice and data communications in complex operational environments. The firm's integrated approach covers the entire value chain, from research and development and hardware manufacturing to software development and system implementation. Teltronic offers end-to-end solutions that include infrastructure, terminals (handheld radios, mobile units), and control center applications. The company's systems are designed for high availability, robustness, and security to ensure seamless communication for police forces, firefighters, emergency medical services, and operators of critical infrastructure like railways, metros, and power grids. By focusing on private network deployments, Teltronic ensures dedicated and resilient connectivity for its clients' most demanding operational needs.

REFERENCES

Revenue range: 50M - 100M EUR

EBITDA range: 5M - 25M EUR

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

Target: teltronic

Acquirer: nazca capital