mynth
10/2023100%

Alcatraz IT acquired by Koesio

FRANCE Telecom / Operators EV €10–30M

Context

Koesio has acquired 100% of Alcatraz IT, marking the full exit of Siparex Entrepreneurs (via its Capital Entrepreneurs 5 fund) and the founder, Xavier Lafaure. Siparex had been a minority shareholder since 2021, during which time it supported the company's expansion into the Lille market and the development of proprietary fiber infrastructure. The transaction allows Alcatraz IT to integrate into a larger industrial group to accelerate its next growth phase. For Koesio, this acquisition strengthens its telecommunications pillar by incorporating Alcatraz IT’s proprietary network assets and high-loyalty premium customer portfolio. The company was projected to reach a turnover of €6 million at the time of the sale.

In the past, Alcatraz IT was acquired by Siparex in 2021 as part of its expansion strategy.

Alcatraz IT, which reported an EBITDA margin of [members only] in 2024, is valued in this transaction at an EV/EBITDA multiple of [members only].

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Target

Alcatraz IT is an alternative B2B telecommunications operator specializing in critical business infrastructure. The company provides a comprehensive suite of services including high-speed connectivity (Internet and IP transit), private MPLS networks, secure remote access, and IP telephony. Additionally, it offers managed security services (firewalls), private messaging, and data center hosting. Alcatraz IT operates its own national backbone across France and serves a rapidly growing portfolio of over 300 corporate clients. Its value proposition is built on providing secure, unified communications and robust network performance for enterprises requiring high availability and data sovereignty.

Ent. Value

€10–30M

Equity Value

[members only]

Multiples

EV / Revenue

2x–6x

EV / EBITDA

[members only]

EV / EBIT

[members only]

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2024
€5–25M
[members only]
[members only]
2023
€5–25M
[members only]
[members only]

Other operations with Alcatraz IT

Other operations with Alcatraz IT
DateAcquirerTargetCountrySector
07/2021SIPAREXALCATRAZ ITFRANCEOperators

Other operations with Koesio

Other operations with Koesio
DateAcquirerTargetCountrySector
10/2023MONTEFIORE INVESTMENT / BNP PARIBAS DEVELOPPEMENT / SOCIETE GENERALE CAPITAL PARTENAIRES / CARVEST (CRÉDIT AGRICOLE RÉGIONS INVESTISSEMENT)KOESIOFRANCEMSP (Managed Services)

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REFERENCES

Valuation range: EV €10–30M

Revenue range: €5–25M

EV/Revenue range: 2x - 6x

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of Alcatraz IT by Koesio are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Target: alcatraz it

FAQ

What transaction does this page cover?

This page covers Koesio’s acquisition of 100% of Alcatraz IT, a French company specialised in Operators, in 2023. This followed an earlier holding cycle initiated in July 2021, when the company was acquired by Siparex.

How was the acquisition of Alcatraz IT by Koesio valued, and what multiples were paid?

mynth displays the transaction’s enterprise value within the €10–30M band and its EV/revenue multiple within the 2x - 6x range. Exact figures are available to members.

What was Alcatraz IT’s revenue at the time of the deal?

At the time of the transaction, Alcatraz IT’s annual revenue was estimated within the €5–25M range (FY 2024). Detailed financial figures are available to members.

What sources support the information on this transaction?

Transaction intelligence is supported by independent reporting from specialized financial publications, alongside a private document shared by the community and verified by the mynth team to ensure the accuracy of the shared information.

What is mynth?

mynth is the first free M&A database dedicated to Small & Mid-Cap transactions. We centralize Enterprise Values, revenue multiples, EBITDA multiples and transaction financials that are typically locked behind five-figure subscriptions on platforms like Capital IQ or Mergermarket. On mynth, searching and browsing deals is completely free. Our mission is simple: make professional-grade valuation intelligence accessible to every M&A advisor, independent consultant, Private Equity professional and student, without the burden of expensive annual licenses.