At what enterprise value was VEREINIGTE WIRTSCHAFTSDIENSTE VWD GROUP acquired in 2019?

During the acquisition of VEREINIGTE WIRTSCHAFTSDIENSTE VWD GROUP by INFRONT in 2019, the transaction's Enterprise Value is estimated to be in the range of 100M - 350M EUR.

What was the EV/EBITDA of VEREINIGTE WIRTSCHAFTSDIENSTE VWD GROUP when it was acquired by INFRONT?

The estimated EV/EBITDA multiple for VEREINIGTE WIRTSCHAFTSDIENSTE VWD GROUP is in the range of 10x - 18x.

What was the revenue of VEREINIGTE WIRTSCHAFTSDIENSTE VWD GROUP at the time of the deal?

The revenue of VEREINIGTE WIRTSCHAFTSDIENSTE VWD GROUP at the time of the deal is estimated to be in the range of 50M - 100M EUR.

What was the EBITDA of VEREINIGTE WIRTSCHAFTSDIENSTE VWD GROUP during the acquisition?

VEREINIGTE WIRTSCHAFTSDIENSTE VWD GROUP's EBITDA is estimated to be in the range of 5M - 25M EUR.

How is the data for the VEREINIGTE WIRTSCHAFTSDIENSTE VWD GROUP 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 VEREINIGTE WIRTSCHAFTSDIENSTE VWD GROUP 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://www.carlyle.com/media-room/news-release-archive/carlyle-group-agrees-sell-vwd-provider-innovative-software

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Home Database Financial ServicesVEREINIGTE WIRTSCHAFTSDIENSTE VWD GROUP

04/2019

VEREINIGTE WIRTSCHAFTSDIENSTE VWD GROUP acquired by INFRONT

GERMANY Fintech & Payments EV 100M - 350M EUR

Context

Infront ASA agreed to acquire vwd Group from The Carlyle Group to create one of the largest financial technology and market data providers in Europe. The strategic rationale for the merger is the highly complementary nature of their product portfolios: Infront provides world-class "Front-Office" trading and real-time data solutions, while vwd contributes deep expertise in "Mid and Back-Office" functions, including portfolio management, regulatory compliance, and advisory tools. This integration allows the combined entity to offer a complete end-to-end platform for private wealth management and institutional investing. The deal strengthens Infront's footprint in Germany, Switzerland, and Austria (DACH region), while vwd customers gain access to advanced global trading capabilities.

VEREINIGTE WIRTSCHAFTSDIENSTE VWD GROUP, which reported an EBITDA margin of in 2018, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Financial Services sector (12.5x).

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Target

Established as a premier European provider of information and technology solutions, VWD GROUP is specialized in high-end software for the investment industry. It operates a modular technology platform that provides wealth management and investment professionals with data feeds, portfolio management, advisory tools, and regulatory calculation services. The company is a critical partner for European financial institutions, enabling regulatory-compliant decision-making and efficient distribution of financial information.

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Similar deals in Fintech & Payments

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
10/2022	PARTNERS GROUP	TELEPASS	ITALY	Fintech & Payments
10/2021	ADVENT INTERNATIONAL / EURAZEO	PLANET PAYMENT	IRELAND	Fintech & Payments
11/2020	NEXI	NETS	DENMARK	Fintech & Payments
10/2020	THE CARLYLE GROUP	CALASTONE	UNITED KINGDOM	Fintech & Payments
10/2020	ANACAP FINANCIAL PARTNERS	MARKET PAY	FRANCE	Fintech & Payments
08/2020	EURONEXT	VP SECURITIES	DENMARK	Fintech & Payments
11/2015	EURAZEO	PLANET PAYMENT	IRELAND	Fintech & Payments
03/2014	ADVENT INTERNATIONAL / ATP PEP / BAIN CAPITAL	NETS	DENMARK	Fintech & Payments
09/2013	CVC	SKRILL GROUP	UNITED KINGDOM	Fintech & Payments
08/2012	EXPONENT PRIVATE EQUITY	PLANET PAYMENT	IRELAND	Fintech & Payments

REFERENCES

Valuation range: EV 100M - 350M EUR

Revenue range: 50M - 100M EUR

EBITDA range: 5M - 25M EUR

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