Went looking for news on RednetFound this from 2019 https://www.dnb.com/business-directory/company-profiles.rednet_ag.df4051f6cd4e80d2c1948fcdba205a4e.html
Found another site that appears to be current that states revenues of $160 mil. Then I found this from a site called LeLezard.
The consideration for the acquired interest was approximately € 96 million paid in cash at closing, plus an adjustment representing 75% of excess working capital at closing. In addition, Converge receives its proportional share of the economic benefit earned by the company from the 1 st January 2021. The purchase price of the acquired stake represents a multiple of approximately eight times the earnings before interest, taxes, depreciation and amortization (EBITDA) of REDNET AG forecast for 2021, or 16 million euros, and a little more than five times REDNET's EBITDA forecast for 2022, i.e. 24 million euros. The purchase price paid at closing was funded by a recent public offering of the common shares of Converge, as well as by the Converge revolving credit facility. The purchase agreement allows Converge to acquire the remaining 25% of REDNET after three years.
En lire plus: https://www.lelezard.com/communique-19939529.html