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Completed

HMS Networks completed the acquisition of eWON for €30m.

Financials

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Transaction Value-
Consideration TypeCash, Ordinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales2x
EV/EBITDA9.2x
Share Price Premium-
One Off Charge-

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communication technology

Software

Belgium

Private

Completed

Friendly

Majority

Acquisition

Single Bidder

Synopsis

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HMS Networks, an international company in the field of industrial communications, completed the acquisition of eWON, a provider of computer related services and consulting, for €30m. "eWON’s products are great complements to HMS’s product range. Its strong position primarily in the market for remote access to PLCs providing a secure “data tunnel” between a software application and a remote machine will complement and reinforce HMS’s existing remote management offering in the form of Netbiter. eWON is world-leading when it comes to PLC remote access and joining the two teams and operations will create a strong market position and unique value proposition to our OEM partners and worldwide customer universe," Staffan Dahlström, HMS Networks CEO.

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