At what enterprise value was XTERA acquired in 2026?

During the acquisition of XTERA by PRYSMIAN / FINCANTIERI in 2026, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 50M - 150M EUR. 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 Industry & Manufacturing industry currently tracks an average EBITDA multiple of 11.6x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of XTERA when it was acquired by PRYSMIAN / FINCANTIERI?

The exact EV/EBITDA multiple for XTERA is available on mynth capital. For comparison, the Industry & Manufacturing sector currently shows an average EBITDA multiple of 11.6x. Join our community for free to access full valuation data and industry trends.

When was XTERA acquired by PRYSMIAN / FINCANTIERI?

XTERA was acquired by PRYSMIAN / FINCANTIERI in 2026.

What was the revenue of XTERA at the time of the deal?

The revenue of XTERA at the time of the deal is estimated to be in the range of 100M - 200M 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 XTERA 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 XTERA 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.tradingsat.com/actualites/informations-societes/prysmian-acquiert-xtera-topco-via-une-coentreprise-avec-fincantieri-1153197.html

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Home Database Industry & ManufacturingXTERA

01/2026

XTERA acquired by PRYSMIAN / FINCANTIERI

UNITED KINGDOM Industrial Equipment / Components / Cabling & Connectivity EV 50M - 150M EUR

Context

Prysmian (80%) and Fincantieri (20%) have agreed to acquire Xtera from private equity firm H.I.G. Capital. This acquisition allows the Italian partners to offer a complete "one-stop-shop" solution for subsea telecommunications: Prysmian provides the cables, Xtera provides the electronic repeaters and system design, and Fincantieri provides the vessels and installation capabilities. The closing is expected in Q1 2026.

XTERA, which reported an EBITDA margin of in 2025, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Industry & Manufacturing sector (11.6x).

-> Deep-dive in Industry & Manufacturing market trends

Target

Xtera is a global provider of subsea fiber optic solutions. It designs, installs, and commissions "turnkey" submarine cable systems. It is one of only five companies worldwide capable of delivering long-distance subsea networks, thanks to its proprietary repeater technology. The company employs ~60 people and generates high revenue per employee.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

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2025

2024

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REFERENCES

Valuation range: EV 50M - 150M EUR

Revenue range: 100M - 200M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of XTERA by PRYSMIAN / FINCANTIERI 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: fincantieri