the serial acquirer Market Observatory · 2026-Q3

Deals › TeamSystem › Multifatture S.r.l. (IT, property-management software)

TeamSystem acquired Multifatture S.r.l. (IT, property-management software) 2025

7.7 EUR m of annual revenue, bought in 2025. What was paid, per unit of that revenue — and where the figure comes from.

In 2025, TeamSystem acquired Multifatture S.r.l. (IT, property-management software) — a company with 7.7 EUR m of annual revenue — and paid 3.14x that revenue. The basis is measured. Guess first if you like; the answer and its source follow.

Guess firstSame rules as the game on the front page: log scale, 100 points for the exact figure.
Annual revenue
7.7 EUR m
Acquired
2025
Buyer’s deals that year
22
Sector
not disclosed
3.00x
0.50x15x
BuyerAcquired companyRevenue, EUR mYearPrice paidBasis
TeamSystemMultifatture S.r.l. (IT, property-management software)7.720253.14xmeasured
Basis — measured: consideration and revenue both stated in the acquisition note — nothing computed but the division.

Where this price sits

Among the 28 single-company prices in the register, 3.14x sits at the 59th percentile — above the register median of 3.14x. TeamSystem’s own 4 disclosed prices run from 3.14x–13.95x with a median of 6.82x; this one is its cheapest. The buyer made 22 acquisitions that year, of which this is one of the 4 with a usable price.

What this does not support

Source

Read from the buyer’s filed account: https://www.teamsystem.com/en/investors/annual-reports-eng/. Nothing is modelled or estimated — method and limits.

Related

All of TeamSystem’s acquisitions on file · ClicData Sas (FR, data analytics) (2025, 4.16x) · Rochelle Luxco (Sellsy + Quipu, FR/ES) (2025, 9.47x) · Bending Spoons · Vimeo (3.26x) · every deal on file

The rest of the register

Guess what serial acquirers paid →What European software serial acquirers actually pay, from filed accounts. Guess the price, then see the source.
What was paid, per unit of revenue →Every disclosed acquisition price in the register, one row per observation, coloured by how well it is evidenced.
The acquirers, one by one →Every tracked buyer with its prices, capital deployed, debt and what its capital costs.
Every deal on file →One page per disclosed acquisition, with the filed source and where its price sits in the register.
How much they deploy →How much capital each European software serial acquirer actually puts to work, and across how many acquisitions.
What they owe, and what it costs →Net debt against revenue, the interest each buyer actually pays, and every credit facility on file with its terms.
What their own capital costs →An estimate of what each buyer pays for capital, set against the 20-30% return they demand of the companies they buy.
Method, limits and imprint →How every figure in this register is sourced, what the sample does not support, and the legal notices.

Get the next set of figures

The form is provided by beehiiv and brings its own script. beehiiv’s visitor-tracking script is not used here. What that means.

Figures as at 2026-09-08. Every number on this page comes from a filed account or a company’s own published report — how, and what it does not support.