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.
Infront acquires Market Connect operations in Italy for EUR 8.5m
November 19, 2018

Infront has acquired the operations of the Market Connect division from Mediobanco. The Market Connect operation is financial market information services with 20,000 professional and 100,000 retail investors affiliated. The deal value is EUR 8.5m and the acquired business is expected to increase Infront’s revenue with EUR 13m next fiscal year, corresponding to a forward EV/sales of 0.7x.

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