ALCATRAZ IT acquired by SIPAREX
Context
Siparex Entrepreneurs has acquired a minority stake in Alcatraz IT, marking the first time the company has opened its capital to a private equity firm. The founder, Xavier Lafaure, remains the majority shareholder and continues to lead the company. The partnership is designed to support the operator’s ambitious growth trajectory in the competitive B2B telecom market. By leveraging Siparex’s network and financial backing, Alcatraz IT aims to expand its nationwide backbone and enhance its service offering in cybersecurity and unified communications. At the time of the investment, Alcatraz IT reported a turnover of €5.6 million for the 2020 fiscal year.
ALCATRAZ IT, which reported an EBITDA margin of in 2020, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the TMT (Tech, Media, Telecom) sector (14.6x).
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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.
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Historical Financials (EUR)
Other operations with ALCATRAZ IT
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 10/2023 | KOESIO | ALCATRAZ IT | FRANCE | Operators |
REFERENCES
Revenue range: 5M - 25M EUR
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Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.
Target: alcatraz it
Acquirer: siparex