Fri 08/18/2023 11:17 AM
Rothschild has arranged meetings for the sale of Dutch distributor of electronic security products SmartSD ahead of launching a formal sale in September, sources told Reorg.
Smile Invest is the owner of the company, which is being marketed at a 2023 EBITDA of about €22 million, sources said. SmartSD’s EBITDA in 2022 was €17 million, the sources added.
The company has grown at double-digit rates and the valuation target is about €250 million based on an enterprise valuation multiple of 12x,...
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