Add-on

Schweizer Treuhand Holding AG acquires excent

Fiduciary, payroll, accounting, tax · Wollerau, Switzerland

Platform of Winterberg

SourcingClub was not involved in this transaction.

Schweizer Treuhand Holding AG, a fiduciary platform managed by Winterberg Advisory, acquires excent AG. With around 22 employees at its sites in Wollerau, Zurich and Zug, excent serves companies and private individuals in payroll, accounting, tax, virtual office and business consulting.

eqs-news.com

How the deal fits together.

  1. Target: excent
  2. Schweizer Treuhand Holding AGBuyer
  3. Investor: Winterberg

Who was involved.

Buyer
Schweizer Treuhand Holding AG
Target
excent, Wollerau
Seller
Gründer
Investor
Winterberg
Type
Add-on
Country
Switzerland
First reported
09/11/2026

Deal-Radar no. 46-016 · publicly reported, no guarantee · SourcingClub was not involved in this transaction. Report an error · Method

Valuation in this industry.

3.7 to 8.0times EBITDA

  • 3.7x to 5.4xRevenue under €5m
  • 5.0x to 7.2x€5m to €50m
  • 6.4x to 8.0xover €50m

Market range for Business Services (B2B), not the price of this deal. Data basis: DUB KMU-Multiples, Q3/2026; preparation: SourcingClub.

November 2026 on the Deal-Radar.

16 of 109 deals so far are of the type Add-on.

  1. Strategic48
  2. Add-on16
  3. Carve-out14
  4. Funding round14
  5. Insolvency8
  6. Buy-out4
  7. Minority stake3
  8. Merger1
  9. Secondary1

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Information from public sources, without guarantee and without claim to completeness. No investment or legal advice. Published on 10 November 2026.