COGELEC
Acquired by
LEGRAND
COGELEC acquired by LEGRAND
Target
COGELEC
Acquirer
LEGRAND
Context
Legrand announced the acquisition of Cogelec for a total equity value of EUR254 million (EUR29 per share). The deal is structured in two steps: first, the acquisition of a controlling block (60.09% of capital) from the founders and the private equity firm Raise Investissement
This transaction is part of the TMT (Tech, Media, Telecom) industry, which currently tracks an average EBITDA multiple of 13.6x since the beginning of 2026, 3.2% decrease compared to 2025. 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.
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Target
Founded in 2000, Cogelec disrupted the traditional intercom market with its "Intratone" brand. Instead of wiring every apartment in a building, Cogelec's system uses GSM networks (mobile) to connect the entrance panel directly to the resident's phone. This "wireless" approach significantly reduces installation costs for social housing landlords and property managers. The business model is unique in the sector: it combines hardware sales with mandatory service subscriptions (SaaS) for connectivity and remote management.
Ent. Value
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Equity Value
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Multiples Analysis
EV / Revenue
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EV / EBITDA
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EV / EBIT
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Historical Financials (EUR)
Other operations with COGELEC
mynth data is contributed by M&A / PE professionals and systematically cross-verified against private deal documents and official releases. All source materials are destroyed post-validation to guarantee data anonymity and compliance.