Confirmed Control (10%) Closed Transaction verified Advertising TechnologyCloud SoftwareEnterprise SoftwareMedia Operations SoftwareSoftwareVertical SaaS

Cataneo GmbH acquired by Brand Engagement Network, Inc.

Brand Engagement Network, Inc. acquired Cataneo GmbH, a Munich, Germany vertical saas brand.

Transaction summary

Target
Cataneo GmbH
Acquirer
Brand Engagement Network, Inc.
Seller
-
Announced
-
Geography
Munich, Germany
Tags
Advertising TechnologyCloud SoftwareEnterprise SoftwareMedia Operations SoftwareSoftwareVertical SaaS
Type
Acquisition
Deal type
Control
Stake acquired
10%
First added
2026-08-08
Latest update
2026-08-08

Value and multiples

100% enterprise value

USD 19.5M

100% enterprise value | USD

Basis: Public source

Reported price is assumed to be 100% EV unless stated otherwise. Partial-stake estimates are qualified in the basis notes.

EV / revenue

1.95x

Period: Run Rate

Basis: Derived from source data

EV / EBITDA

-

EBITDA basis not stated

Basis: Derived from source data

Amounts paid and other reported values

Original reported amounts and bases; a stake payment is distinct from the estimated whole-company valuation.

Consideration: USD 19.5M

Brand Engagement Network's April 30, 2026 acquisition announcement described the agreement as a debt-free $19.5 million transaction.

Basis

  • USD 19.5m consideration is treated as publicly disclosed or derived directly from public source data.
  • Valuation covers 100% of the target; the amount invested or paid for a stake is separate.
  • Implied EV / revenue is 1.95x, calculated from USD 19.5m value and USD 10.0m revenue.
  • Revenue and multiple inputs are not fully disclosed in public transaction materials reviewed; treat the multiple as an estimate.
  • $19,500,000 transaction value / approximately $10,000,000 annual revenue = 1.95x revenue.

Other reviewed estimates

Transaction comps can involve reported or estimated figures from different sources. FundComb uses the values above as the current canonical comp, while preserving prior reviewed estimates below for context.

Cataneo's announcement reported approximately US$10 million in annual revenue. The closing announcement separately reported more than €8.6 million of 2025 revenue. The revenue multiple is derived from the approximate US-dollar annual revenu
Revenue USD 10.0m | EV / revenue 1.95x
Open evidence

Source summary

Brand Engagement Network Completes Acquisition of Cataneo

Confirmed

Brand Engagement Network announced that it completed the acquisition of Munich-based advertising-operations software provider Cataneo on June 30, 2026. An earlier definitive-agreement announcement identified a debt-free $19.5 million transaction.

Open source

Brand Engagement Network Completes Acquisition of Cataneo

Confirmed

Brand Engagement Network announced that it completed the acquisition of Munich-based advertising-operations software provider Cataneo on June 30, 2026. An earlier definitive-agreement announcement identified a debt-free $19.5 million transaction.

Open source