Late additionStrategic
Artefact acquires The Nunatak Group
SourcingClub was not involved in this transaction.
The consultancy Artefact acquires the Munich-based The Nunatak Group with around 50 consultants in Munich, Berlin and Zurich. The founder becomes CEO of Artefact in Germany.
Deal-Radar editorial team · responsible: Nick Herbig
late addition, source dated 08 Sept 2026: consultancy.eu
Who was involved.
- Buyer
- Artefact
- Target
- The Nunatak Group, München
- Type
- Strategic
- Sector
- Software, Data & AI
- Country
Germany- Source dated
- 08/09/2026
- Source
- consultancy.eu
Deal-Radar no. 46-154 · added in Week 46/2026, first reported on 08/09/2026 · publicly reported, no guarantee · SourcingClub was not involved in this transaction. Report an error · Sources and limits
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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.
50 of 121 deals were of the type Strategic.
- Strategic50
- 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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