At what enterprise value was TOBANIA acquired in 2022?

During the acquisition of TOBANIA by SOPRA STERIA in 2022, the transaction's Enterprise Value is estimated to be in the range of 100M - 350M EUR.

What was the EV/EBITDA of TOBANIA when it was acquired by SOPRA STERIA?

The estimated EV/EBITDA multiple for TOBANIA is in the range of 10x - 18x.

When was TOBANIA acquired by SOPRA STERIA?

TOBANIA was acquired by SOPRA STERIA in 2022.

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

The revenue of TOBANIA at the time of the deal is estimated to be in the range of 100M - 200M EUR.

What was the EBITDA of TOBANIA during the acquisition?

TOBANIA's EBITDA is estimated to be in the range of 5M - 25M EUR.

How is the data for the TOBANIA 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 TOBANIA 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://capitalfinance.lesechos.fr/deals-m-a/small-cap/sopra-steria-va-acquerir-tobania-en-belgique-pour-environ-100-m-1880580

← DATABASE

Home Database TMT (Tech, Media, Telecom)TOBANIA

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 in 2022, 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 (15.3x).

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

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

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2022

2021

Similar deals in IT Services

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
02/2023	INVESTCORP	NETROM SOFTWARE	NETHERLANDS	Custom Dev
12/2022	SESA GROUP	CYRES CONSULTING	GERMANY	Cybersecurity Services
09/2022	KKR	BARRACUDA NETWORKS	UNITED STATES	Cybersecurity Services
08/2022	VINCI ENERGIES	KONTRON	GERMANY	MSP (Managed Services)
05/2022	THE CARLYLE GROUP	ManTech International Corporation	UNITED STATES	Cybersecurity Services
05/2022	PERMIRA	MIMECAST	UNITED STATES	Cybersecurity Services
05/2022	QINETIQ	AVANTUS FEDERAL	UNITED STATES	Cybersecurity Services
01/2022	BAIN CAPITAL	INETUM	FRANCE	Consulting & Integration
01/2022	PARTNERS GROUP	ATNORTH	ICELAND	Hosting / Datacenter
09/2021	FAYAT	NXO	FRANCE	Consulting & Integration

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