Den här nyheten hade gått mig förbi, så jag lägger upp den här nu. CombinedX har nämligen varit ute och handlat i maj.
12.5.2025 CombinedX: Acquiring a high-performing Norwegian/Swedish IFS specialist
Redeye ser positivt på affären.
"The deal values Align at 1.3x sales and 5.2x EBITA in 2024, excluding earn-out and 1.9x sales and 7.7x EBITA, including earn-out.
We believe 5.2x EBITA is attractive for an IT consulting firm with 20% organic growth and 25% EBITA margins. The median EV/EBIT for 2025e for listed Nordic IT consulting firms is 10.0x. While those companies are significantly bigger than Align, none have 20% organic growth and 25% EBITA margins."
Länk till hela Redeyes uppdatering.
https://www.redeye.se/research/1107251/combinedx-acquiring-a-high-performing-norwegian-ifs-partner
Redeyes prognoser nedan
