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.
Enersize acquires LMS’ European operations, LEAQ, for SEK 8m
November 7, 2018

Enersize, a Loundspring company, will acquire the European business (LEAQ) from Swedish-based Leakage Management Systems Nordic (LMS). LEAQ offers a mobile-based SaaS software that manages logistics and locate compressed air system leaks. Enersize paid a total of SEK 8m for the business. LEAQ had a turnover of SEK 4.7m in and EBIT of SEK 0.3m in 2017, corresponding to a EV/SALES multiple of 1.7x.

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