EQUITA assisted Esa Software

K Finance - Mid-market M&A advisory
ESA Software
Esa Software

K Finance has advised Esa Software in the sell to Il Sole 24 Ore.

Esa Software sold a 70% share to the listed Italian multimedia publishing company Il Sole 24 ORE Group, at a price corresponding to Euro 60 mln Enterprise Value.

The transaction in a nutshell

2008 10 Tombstone Esasoftware Sole24ore

Esa Software has generated Euro 31 mln turnover with 21% Ebitda in 2007

Client:
Esa Software
Date:
2008
Mandate:
Acquisition of Esa Software by Il Sole 24 ORE Group
Role:
Financial Advisory
Value:
€ 60 m
Team:
M&A advisory
Advisor:
EQUITA Mid Cap Advisory

The company

Esa Software produces management software for production processes, logistics, administration, human resources, and professional consultancies. The Company has generated Euro 31 mln turnover with 21% Ebitda in 2007 and the current year is expected to close with a 5% growth rate in sales and an increase in profitability.

Il Sole 24 ORE Group, listed on the Italian Stock Exchange, publishes Italy’s leading business newspaper Il Sole 24 Ore. The Group is a multimedia publishing group operating in news and information. The Group has generated Euro 572 mln consolidated turnover in 2007, with Euro 11 mln Ebitda and Euro 240 mln of net cash.