Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
DevPort acquires engineering consultancy ADIGA at EV/EBIT 4.0x
November 22, 2018

Nasdaq First-listed DevPort AB has signed an agreement to acquire all shares in engineering consultancy ADIGA AB. ADIGA is an engineering consultancy with about 85 employees and operates primarily in the Gothenburg area. In 2017, ADIGA’s turnover was SEK 88m with EBIT of SEK 3m. The purchasing price is approximately SEK 17m corresponding to an EV/EBIT (2017) of 4.0x.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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