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Added to YB: 2026-03-10

Pitch date: 2026-03-06

SWONF [neutral]

SoftwareOne Holding AG

+3.05%

current return

Author Info

Bireme Capital uses a value-oriented, bottom-up analysis to identify high IRR opportunities in publicly listed equities. Visit the website.

Company Info

SoftwareOne Holding AG, together with its subsidiaries, provides software and cloud solutions in Switzerland, Germany, Austria, rest of Europe, Mauritius, South Africa, the United States, Canada, Latin America, the Asia Pacific, Dubai, and Qatar.

Market Cap

CHF 1.5B

Pitch Price

CHF 6.88

Price Target

N/A

Dividend

4.31%

EV/EBITDA

11.78

P/E

-52.67

EV/Sales

0.82

Sector

Electronic Equipment, Instruments and Components

Category

special_situation

Show full summary:
Bireme Capital Portfolio Holding: SoftwareOne Holding AG

SWON.SW (holding update): Swiss software reseller at 5x fwd EBITDA, 9x P/E vs peers 7-10x & 11-16x. CHF1B rev, 20%+ EBITDA margin, 5% div yield. Merging w/ Crayon (0.8233 SWON + NOK69 cash/share, no premium) for CHF100M synergies, MSFT backing. Founders/Bain bid CHF18.50 rejected 2023; PE interest persists. Mid-teens PT by YE26 on synergies + potential LBO catalyst.

Read full article (2 min)