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New Deal


Announced

Completed

Avalon completed the acquisition of Alea from Caverion.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Software

Cross Border

information technology

e-commerce

Austria

Acquisition

Completed

Majority

Single Bidder

Friendly

Private

Synopsis

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Avalon, a technology company, completed the acquisition of Alea, an Austrian provider of soft facility services with 230 employees, from Caverion, a Finnish listed company that designs, implements and maintains building technology and industrial services. Financial terms were not disclosed. "At Caverion, we together with PORREAL, focus on offering our customers a wide range of technical facility services and smart, sustainable solutions," Manfred Simmet, Caverion Head of Austria division.

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