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New Deal


Announced

Completed

Sesa completed the acquisition of a majority stake in SmartCAE.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For51%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Acquisition

engineering software

Software

Cross Border

Friendly

Germany

Majority

Private

Completed

Single Bidder

Synopsis

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Sesa, an Italian company providing IT solutions to corporations throughout the world, completed the acquisition of a majority stake in SmartCAE, a company that develops engineering software solutions on Siemens Industries Software platforms. Financial terms were not disclosed. The partnership deal is part of Sesa Group's broader strategy of investing in projects geared toward developing its vertical digital competencies in sectors of strategic importance to the European economy, supporting the digital transformation of businesses and organizations.

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