mynth
11/2022

TOBANIA acquired by SOPRA STERIA

BELGIUM IT Services / Consulting & Integration EV 100M - 350M EUR

Context

Sopra Steria, a global leader in technology, has finalized the acquisition of Assua NV and its operating subsidiaries Tobania NV and Python Predictions BV. This acquisition brings the Group into the club of major players in a market considered

TOBANIA, which reported an EBITDA margin of LOGIN in 2022, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a level LOGIN the average currently observed in the TMT (Tech, Media, Telecom) sector (14.8x).

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

A leading Belgian IT services company specializing in digital transformation, software development, and specialized staffing. Tobania provides end-to-end IT solutions for financial services, public sector, and retail clients.

Ent. Value

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Multiples

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EV / EBITDA

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EV / EBIT

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Historical Financials (EUR)

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2022
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2021
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REFERENCES

Valuation range: EV 100M - 350M EUR

Revenue range: 100M - 200M 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 TOBANIA by SOPRA STERIA 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).