KUHN CAPITAL Tuesday, December 12, 2017
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Pervasive Deals

December 11

In another deal adding to the recent flurry of transactions in the data transport and manipulation business, Pervasive Software (PVSW) yesterday completed its acquisition of Data Junction for $22 million in cash and about $30 million in stock.

Austin-based Pervasive sells embedded database technology and other data-management solutions. Data Junction, also based in Austin but privately-held, specializes in ETL (data extraction, transformation and loading) software, and recently, EAI. The company generated sales of $14 million during its last fiscal year, with income of $2.7 million. Therefore, Pervasive paid rich multiples for Data Junction -- about 3x trailing revenue and 19x income.

Pervasive, with about $40 million in 2002 revenues and a marketcap of about $130 million, purchased data security/auditing technology from ThinkNet last April.


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