Siili Solutions
Siili Solutions: Acquires relatively small Integrations Group - SEB (SEB Research)

2024-11-18 10:23

Siili announces a relatively small acquisition of Integrations Group. The company brings integration expertise to support data utilisation in future AI solutions. For the acquired company Siili can offer scale in administrative tasks and sales. Siili is building its future strategy on AI driven acceleration, on which more news can be expected in CMD (26 Nov). No price was disclosed, but assuming EV/EBIT of 6-10x, we land at indicative valuation of EUR 2.4-4.0m.

SEB Research

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