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01/2018100%

Totalconnect acquired by Link Mobility

ITALY Software / MarTech EV €0–15M

Context

LINK Mobility Group ASA has completed the 100% acquisition of the share capital of Archynet s.r.l., known as "Total Connect." The acquisition was conducted on a cash-free, debt-free basis, effectively integrating the Italian mobile messaging business into the Group's existing portfolio. The acquisition is strategically aligned with LINK Mobility’s ongoing consolidation strategy within the European mobile communications market. By acquiring Total Connect, LINK Mobility deepens its footprint in the Italian region, gaining immediate access to the target's existing customer base and messaging infrastructure. The deal enables the acquirer to leverage economies of scale and cross-selling opportunities, integrating Total Connect’s local technical capabilities into the broader Group platform to enhance the overall messaging service offering for enterprise clients.

Totalconnect, which reported an EBITDA margin of [members only] in 2017, is valued in this transaction at an EV/EBITDA multiple of 5x–12x, to compare with the average currently observed in the TMT (Tech, Media, Telecom) sector (14.6x in 2026).

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

Target

Archynet s.r.l., commercially operating under the brand Total Connect, is an Italian specialist in the mobile messaging sector. Headquartered in Italy, the firm provides robust mobile communication solutions tailored to enterprises seeking to enhance their customer engagement and digital outreach. As a challenger in the regional telecommunications and digital marketing arena, Total Connect has carved out a unique positioning by offering reliable, scalable SMS and mobile messaging platforms. The business model relies on delivering high-volume messaging capabilities that enable brands to connect directly with their consumer base, thereby supporting CRM and marketing initiatives. Operating within a highly fragmented market, the firm exhibits strong fundamentals driven by the increasing need for digital convergence and direct-to-consumer communication channels. From a strategic standpoint, Total Connect represents a highly attractive platform for market consolidation, given its established local footprint and loyal client base.

Ent. Value

€0–15M

Equity Value

[members only]

Multiples

EV / Revenue

[members only]

EV / EBITDA

5x–12x

EV / EBIT

[members only]

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2017
[members only]
€0–5M
[members only]
2016
[members only]
€0–5M
[members only]

Other operations with Link Mobility

Other operations with Link Mobility
DateAcquirerTargetCountrySector
06/2021LINK MOBILITYMESSAGE BROADCASTUNITED STATESMarTech
10/2018ABRY PARTNERSLINK MOBILITYNORWAYMarTech
02/2018LINK MOBILITYTERACOMMBULGARIAMarTech
01/2018LINK MOBILITYHORISEN MESSAGINGSWITZERLANDMarTech
01/2018LINK MOBILITYSMS ITALIAITALYOperators

Similar deals in Software

Similar deals in Software
DateAcquirerTargetCountrySector
02/2018IK PARTNERSQUESTEL GROUPFRANCEIndustry-Specific Software
02/2018LINK MOBILITYTERACOMMBULGARIAMarTech
01/2018CORSAIR CAPITALRGI GROUPITALYFinancial Services / Banking
01/2018LINK MOBILITYHORISEN MESSAGINGSWITZERLANDMarTech
10/2017FIVE ARROWSA2MAC1FRANCEAutomotive
06/2017HG CAPITAL / GIC / MONTAGU PRIVATE EQUITY / ICGVISMA GROUPNORWAYERP, HR & Finance
04/2017HG CAPITALMITRATECHUNITED STATESIndustry-Specific Software
12/2016PARTECH VENTURESECOVADISFRANCEIndustry-Specific Software
07/2016ARDIANDEDALUSITALYHealthcare
06/2016INFOPRO DIGITALEBPBELGIUMConstruction / Real Estate

REFERENCES

Valuation range: EV €0–15M

EBITDA range: €0–5M

EV/EBITDA range: 5x - 12x

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of Totalconnect by Link Mobility 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: link mobility

FAQ

What transaction does this page cover?

This page covers Link Mobility’s acquisition of 100% of Totalconnect, an Italian company specialised in MarTech, in 2018.

How was the acquisition of Totalconnect by Link Mobility valued, and what multiples were paid?

mynth displays the transaction’s enterprise value within the €0–15M band and its EV/EBITDA multiple within the 5x - 12x range. Exact figures are available to members.

What was Totalconnect’s EBITDA at the time of the deal?

At the time of the transaction, Totalconnect’s EBITDA was estimated within the €0–5M bracket (FY 2017). Detailed financial figures are available to members.

How does the valuation of Totalconnect compare to benchmarks in the TMT (Tech, Media, Telecom) sector?

With an estimated valuation multiple in the range of 5x - 12x in 2018, the transaction reflects historical valuation standards. By way of comparison, in 2026 companies in the TMT (Tech, Media, Telecom) sector are valued at a multiple of 14.6x EBITDA.

What sources support the information on this transaction?

Transaction data and operational intelligence were compiled from independent financial press reporting by specialized M&A publications.

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