Late additionStrategic
VNR Group acquires Tappz
Deal-Radar editorial team · responsible: Nick Herbig
late addition, source dated 09 Sept 2026: vnrgroup.com
SourcingClub was not involved in this transaction.
Who was involved.
- Buyer
- VNR Group
- Target
- Tappz, Grünwald
- Type
- Strategic
- Sector
- Software, Data & AI
- Country
Germany- Source dated
- 09/09/2026
- Source
- vnrgroup.com
Deal-Radar no. 46-149 · added in Week 46/2026, first reported on 09/09/2026 · publicly reported, no guarantee · SourcingClub was not involved in this transaction. Report an error · Sources and limits
We report publicly announced information and link the source; we accept no liability for its accuracy. No offer and no investment, legal or tax advice. The operators of linked pages are responsible for their content. We correct errors as soon as we learn of them. The context is based only on deals recorded in the Deal-Radar and is not complete.
Valuation in this industry.
6.1 to 10.6times EBITDA
- 6.1x to 7.6xRevenue under €5m
- 7.5x to 9.5x€5m to €50m
- 8.3x to 10.6xover €50m
Market range for Software Development & SaaS, not the price of this deal. Data basis: DUB KMU-Multiples, Q3/2026; preparation: SourcingClub.
Multiples by size class for Software Development & SaaS 81 deals in this industry on the radar
September 2026 on the Deal-Radar.
49 of 120 deals were of the type Strategic.
- Strategic49
- Carve-out17
- Add-on15
- Buy-out11
- Insolvency10
- Minority stake6
- Succession5
- Funding round4
- Merger2
- Secondary1
Strategic and succession in Week 46/2026.
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