At what enterprise value was CELESTE acquired in 2019?

During the acquisition of CELESTE by INFRAVIA CAPITAL in 2019, the company was valued at an estimated revenue multiple of 5x - 12x. The transaction's Enterprise Value is estimated to be in the range of 100M - 350M 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 14.1x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of CELESTE when it was acquired by INFRAVIA CAPITAL?

The estimated EV/EBITDA multiple for CELESTE is in the range of 15x - 25x. For comparison, the TMT (Tech, Media, Telecom) sector currently shows an average EBITDA multiple of 14.1x. Join our community for free to access full valuation data and industry trends.

When was CELESTE acquired by INFRAVIA CAPITAL?

CELESTE was acquired by INFRAVIA CAPITAL in 2019.

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

The revenue of CELESTE at the time of the deal is estimated to be in the range of 10M - 30M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of CELESTE during the acquisition?

CELESTE's EBITDA is estimated to be in the range of 5M - 25M EUR. Join our community for free to access complete and exact deal data.

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 CELESTE 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 CELESTE 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.cfnewsimmo.net/En-bref/Celeste-brille-dans-les-Hauts-de-France-434258

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Home Database TMT (Tech, Media, Telecom)CELESTE

03/2019

CELESTE acquired by INFRAVIA CAPITAL

FRANCE Telecom EV 100M - 350M EUR

Context

Celeste, a French telecom operator specializing in ultra-high-speed internet services for businesses, is opening up the majority of its capital to InfraVia. The company announced revenues of EUR20 million in 2018 and an EBITDA margin of close to 60%.

CELESTE, which reported an EBITDA margin of LOGIN in 2018, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the TMT (Tech, Media, Telecom) sector (14.1x).

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

Founded in 2001, Celeste is a leading French B2B telecommunications operator specialized in fiber optic connectivity and secure cloud hosting. The company owns and operates its own national fiber-optic network (over 12,000 km) and data centers, providing high-speed internet and network security to SMEs and public institutions. Its value proposition is anchored in technical operational depth, providing a comprehensive "one-stop-shop" that integrates ultra-high-speed connectivity with advanced cloud and cybersecurity protocols. Strategically, the firm focuses on the deployment of resilient and secured infrastructure to support the digital transformation of diverse portfolios, including large corporate accounts and public authorities. By maintaining a specialized focus on technical reliability and end-to-end network control, the organization ensures a vital role in the structural efficiency of sovereign data management. The entity prioritizes industrialized quality standards and constant innovation to facilitate the structural advancement of business connectivity.

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Other operations with CELESTE

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
01/2026	CVC	CELESTE	FRANCE	Telecom	CVC DIF (formerly DIF Capital Partners) has entered into exclusive negotiations to acquire a majority stake in Celeste from InfraVia Capital Partners, a maneuver designed to fundamentally accelerate the group’s transformation into a leading European integrated digital infrastructure provider. The strategic rationale for this transaction centers on a "platform-densification" play, merging the target's industry-leading technical operational depth in fiber and cloud services with the acquirer's extensive expertise in infrastructure asset management. This structural alignment provides the organization with the institutional capital and strategic backing required to pursue a definitive expansion of its cloud and cybersecurity activities while continuing to densify its proprietary network.

REFERENCES

Valuation range: EV 100M - 350M EUR

Revenue range: 10M - 30M EUR

EBITDA 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 CELESTE by INFRAVIA CAPITAL 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).

Target: celeste

Acquirer: infravia capital