At what enterprise value was BASEFARM acquired in 2018?

During the acquisition of BASEFARM by ORANGE in 2018, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 300M - 700M EUR. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the TMT (Tech, Media, Telecom) industry currently tracks an average EBITDA multiple of 14.4x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of BASEFARM when it was acquired by ORANGE?

The exact EV/EBITDA multiple for BASEFARM is available on mynth capital. For comparison, the TMT (Tech, Media, Telecom) sector currently shows an average EBITDA multiple of 14.4x. Join our community for free to access full valuation data and industry trends.

When was BASEFARM acquired by ORANGE?

BASEFARM was acquired by ORANGE in 2018.

What was the revenue of BASEFARM at the time of the deal?

The revenue of BASEFARM at the time of the deal is estimated to be in the range of 100M - 200M EUR. Register for free to access the full transaction report and exact valuation multiples.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the BASEFARM acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the BASEFARM deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.orange-business.com/en/press/orange-acquires-basefarm-holding-and-becomes-european-leader-cloud-computing-services

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Home Database TMT (Tech, Media, Telecom)BASEFARM

07/2018

BASEFARM acquired by ORANGE

NORWAY IT Services / Infrastructure & Cloud / MSP (Managed Services) EV 300M - 700M EUR

Context

Orange SA has finalized a definitive agreement to acquire 100% of the capital of Basefarm Holding AS, a major European player in cloud infrastructure and critical application services. This strategic corporate buyout significantly reinforces Orange Business’ positioning within the highly competitive European corporate cloud computing services landscape. The transaction perimeter seamlessly incorporates Basefarm’s operational infrastructure distributed across Norway, Sweden, the Netherlands, Austria, and Germany, allowing Orange Business to instantly strengthen its continental geographic coverage. By absorbing Basefarm, Orange Business complements its existing portfolio with advanced, cutting-edge technologies and deep expertise in data management, critical application management, big data infrastructure, and multi-cloud services. The post-closing strategic rationale focuses on driving mutual growth.

By taking control of Basefarm, Orange continues its expansion strategy. Previously, the group had completed 2 acquisitions, including Business & Decision in 2018.

BASEFARM, which reported an EBITDA margin of LOGIN in 2017, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the TMT (Tech, Media, Telecom) sector (14.4x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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

Target

Basefarm Holding AS operates as a European provider of cloud-based infrastructure, critical application management, and data analytics. With an established operational presence in Norway, Sweden, the Netherlands, Austria, and Germany, the company specializes in enterprise multi-cloud solutions and big data activities. The platform's business model centers on managing complex application workflows and delivering technical solutions tailored to corporate clients. The company's value proposition is anchored in its data architecture capabilities, specifically within sectors such as big data processing and artificial intelligence framework deployment. Supported by a specialized engineering workforce, Basefarm enables its corporate customer base to optimize IT infrastructure, secure system uptime, and leverage data-driven insights. The firm's long-term strategy focuses on continuous research and development to improve its services, alongside a sustainability program aimed at reducing the environmental footprint of its cloud operations. This structural framework allows the platform to address expanding requirements in the European enterprise cloud market.

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REFERENCES

Valuation range: EV 300M - 700M EUR

Revenue range: 100M - 200M EUR

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

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Acquirer: orange