At what enterprise value was TTS FRANCE acquired in 2017?

You can find the full valuation details of TTS FRANCE 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 14.4x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of TTS FRANCE when it was acquired by EVERNEX?

The exact EV/EBITDA multiple for TTS FRANCE is available on mynth capital. For comparison, the TMT (Tech, Media, Telecom) sector currently shows an average EBITDA multiple of 14.4x. Join our community for free to access full valuation data and industry trends.

When was TTS FRANCE acquired by EVERNEX?

TTS FRANCE was acquired by EVERNEX in 2017.

What was the revenue of TTS FRANCE at the time of the deal?

The revenue of TTS FRANCE at the time of the deal is estimated to be in the range of 0M - 5M EUR. Register for free to access the full transaction report and exact valuation multiples.

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 TTS FRANCE 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 TTS FRANCE 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/build-up/evernex-procede-a-deux-acquisitions-115769

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Home Database TMT (Tech, Media, Telecom)TTS FRANCE

06/2017

TTS FRANCE acquired by EVERNEX

FRANCE IT Services REV 0M - 5M EUR

Context

Evernex has completed a targeted platform optimization by executing the 100% acquisition of TTS France, marking a strategic build-up within its technical services portfolio. This transaction follows the concurrent cross-border acquisition of the Spanish IT infrastructure maintenance specialist, CAT Sistemas. The acquisition thesis centers on absorbing highly specialized, niche engineering capabilities rather than expanding the revenue base through large-scale market share. TTS France injects a rare technical expertise in repairing tape drives, library storage units, and high-value data backup systems utilized heavily by laboratories. For Evernex, this service offering represents a high-margin, sticky vertical that is critical for corporate clients requiring sophisticated, long-term data archiving solutions. By integrating this specialized maintenance framework into its broader, international IT service platform, Evernex reinforces its end-to-end life-cycle management capabilities, driving organic cross-selling opportunities across its global enterprise customer base.

TTS FRANCE, which reported an EBITDA margin of LOGIN in 2016, 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 (14.4x).

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

TTS France is a highly specialized niche player focused on the repair and maintenance of tape drives and tape libraries used for data backup. The company also services backup systems for laboratories. This represents a "high value-added" technical niche due to the scarcity of skills in legacy tape technologies.

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Similar deals in TMT (Tech, Media, Telecom)

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
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02/2015	ALTRAN TECHNOLOGIES	NSPYRE	NETHERLANDS	IT Services	Altran has finalized the 100% acquisition of Nspyre, a move that establishes the group as the dominant technical consulting organization in the Benelux region. This strategic transaction marks a significant milestone in the group’s expansion strategy, moving beyond its core European markets to secure a leading position in the Dutch and Belgian technology sectors
08/2014	GEMALTO	SAFENET	UNITED STATES	IT Services	Gemalto has signed a definitive agreement to acquire 100% of the share capital of SafeNet from Vector Capital. The transaction represents a full ownership transfer, bringing the specialized data protection company under Gemalto’s operational umbrella to form an integrated security powerhouse
05/2014	GFI INFORMATIQUE	AIRIAL	FRANCE	IT Services	The strategic acquisition of Airial by Gfi Informatique marks a significant expansion of the group's operational footprint in France, reinforcing its multi-specialist technical profile. This move allows the organization to establish a dominant position within the public sector and financial services landscape, integrating a prestigious portfolio of institutional and corporate clients
10/2013	NTT DATA CORPORATION	EVERIS GROUP	SPAIN	IT Services	The acquisition of Everis Group by NTT DATA CORPORATION is a strategic move to expand NTT DATA's global presence and enhance its IT services capabilities. The deal is part of NTT DATA's Medium-Term Management Plan, which aims to establish the company as one of the top 5 IT services firms globally

REFERENCES

Revenue range: 0M - 5M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of TTS FRANCE by EVERNEX 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).

Acquirer: evernex