Evernex has acquired TTS France to integrate a specific technical capability into its service portfolio. While small in revenue (EUR1.3m), TTS brings rare expertise in tape drive maintenance, a critical component for long-term data archiving clients.

This transaction is part of the TMT (Tech, Media, Telecom) industry, which currently tracks an average EBITDA multiple of 13.1x since the beginning of 2026, 4.7% decrease compared to 2025. 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.