mynth
07/2021

ALCATRAZ IT acquired by SIPAREX

FRANCE Telecom / Operators REV 5M - 25M EUR

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).

-> Deep-dive in TMT (Tech, Media, Telecom) market trends

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

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2020
2019

Other operations with ALCATRAZ IT

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
DateAcquirerTargetCountrySector
10/2023KOESIOALCATRAZ ITFRANCEOperators

REFERENCES

Revenue range: 5M - 25M EUR

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 SIPAREX 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

Acquirer: siparex