Extract from our Nordic M&A Newsletter

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TagMaster acquires Sensys Networks in the US
May 6, 2019

TagMaster AB, a supplier of advanced sensor systems for Smart Cities within Traffic and Rail, has acquired Sensys Networks Inc for USD 16m. The acquired company’s sales amounted to USD 15m with EBITDA of USD 1.7m in 2018, corresponding to an EV / EBITDA multiple of 9.4x.

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