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.
Vincit acquires software company LeanCraft for EUR 5.5m
January 14, 2019

Finnish/American software company Vincit acquires the entire share capital of LeanCraft Innovations Oy, a software company specializing in software development. LeanCraft's sales for 2018 were EUR 3m with EBIT of EUR 1m. The purchasing price is EUR 5.5m, corresponding to an EV/EBIT multiple of 5.5x.

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