mynth
04/2024

VISION-BOX acquired by AMADEUS

PORTUGAL Software / Industry-Specific Software EV 300M - 700M EUR

Context

This operation represents a strategic corporate acquisition for Amadeus. The operation facilitates a complete and highly successful exit for the historical private equity sponsor and the original founding team, who had robustly scaled the enterprise during a prolonged period of strong growth. The primary strategic rationale underpinning this consolidation is to directly integrate the target's advanced biometric hardware and software capabilities into the acquirer's massive portfolio. This powerful combination will distinctly allow Amadeus to offer a fully comprehensive passenger experience, flawlessly covering every step from initial flight booking through automated border control to final boarding.

VISION-BOX, which reported an EBITDA margin of in 2023, 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).

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Target

Vision-Box is a visionary pioneer and leading global provider of end-to-end solutions for air travel, border control, and identity management applications. Headquartered in Europe, the enterprise offers an outstanding multi-stakeholder software orchestration platform dedicated to traveler-centric ecosystem management. This software-centric platform is perfectly complemented by state-of-the-art biometric hardware touchpoints. Benefiting from rapidly growing global demand for biometrics and digitalized passenger journeys, the fast-growing firm effectively addresses the travel industry's operational pressures and strict regulatory demands.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2023
2022

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REFERENCES

Valuation range: EV 300M - 700M EUR

Revenue range: 50M - 100M EUR

EBITDA range: 10M - 30M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of VISION-BOX by AMADEUS 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.

Press release: view release

Acquirer: amadeus