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Announced

Esprinet completed the acquisition of GTI Software for $38m.

Financials

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Transaction Value£30m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales0.2x
EV/EBITDA9.94x
Share Price Premium-
One Off Charge-

Tags

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Majority

Single Bidder

Acquisition

cloud solutions

Cross Border

Private

Friendly

Completed

Spain

Digital Services

Synopsis

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Esprinett, one of the largest companies in the technology sector in Italy, completed the acquisition of GTI Software, a company specialized in the provision of services and solutions for the cloud, for $38m. "With the purchase of GTI we significantly strengthen our presence in southern Europe," Alessandro Cattani, Esprinet CEO.

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