Major acquisitons in the hospitality sector, in order to create an „all in one solution“ for integrated systems of technological solutions in software of the Tourismus industry.

Epsilon acquires a majority stake in 3 business software companies:

- 70% of English „Hotel Availabilities Ltd“ for € 98.000, active in the development of Channel Manager systems
- 55% of Greek „BookOnlineNow IKE“ for € 220.000, active in dev. of online booking engine systems
- 55% of Cypriot „HotelonCloud Ltd.“ for € 180.000 a strategic distributor ob BookOnline Now abroad.

These transactions are part of the groups development policy in dynamic vertical markets and the creation of an integrated portfolio of product solutions & services.

What I really like about Epsilon Net‘s acquisitions:
-  all are already (highly) profitable with profit margins between 22% and 64%
- all have zero debt
- Epsilon was able to acquire them for low single digit earnings multiples: 3.5x / 5x / 4x



![Image upload](https://cdn.commonstock.com/fb9b7a961b1a16cb97e395ed56222e31b5cbfef816ca96d53409258203dc5e27-541x680.png)
![Image upload](https://cdn.commonstock.com/d4e8d14dd94998fe16ad9fce04174fbc1f50749c7f1852c9b563d6dc4bfd5ee7-1025x1135.png)

Here is a short summary of Epsilon Net $EPSIL.AT

[https://commonstock.com/post/9f2d8fa8-9697-49c7-aba8-0c3a32a4e7b2](https://commonstock.com/post/9f2d8fa8-9697-49c7-aba8-0c3a32a4e7b2)

Leon

Epsilon Net acquisitions in the Hospitality Sector

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