Credit Mutuel Equity invests in Netcloud
Context
Crédit Mutuel Equity acquired a minority stake in Netcloud in July 2026, investing alongside EGS Beteiligungen, which manages part of the Ernst Göhner Foundation’s assets in companies tied to Switzerland. The historical shareholders kept a significant part of the capital and remained in charge of the business. The transaction followed a change in the shareholder structure announced in April 2026. Founded in 1998 and based in Seuzach, in the canton of Zurich, Netcloud builds and runs the networks on which its customers’ operations depend. It designs the infrastructure, installs it, connects sites to cloud platforms and then operates the whole of it on their behalf, monitoring availability and responding when something fails. Around that it provides cybersecurity services, watching for intrusions and securing the access points a connected network exposes. Its customers are Swiss organisations, its only market. Combining infrastructure, cloud and security in one provider addresses a practical difficulty for mid-sized organisations: each of the three requires specialists who are scarce and expensive to retain, and the boundaries between them are where failures occur. Outsourcing all three to a single supplier removes both the recruitment problem and the question of who is responsible when a fault crosses those boundaries. Swiss organisations have also faced tightening obligations on how data is held and how incidents are reported, which has pushed work towards providers able to document their compliance, and towards those keeping the data within the country.
Netcloud, which reported an EBITDA margin of [members only] in 2026, is valued in this transaction at an EV/EBITDA multiple of [members only], to compare with the average currently observed in the TMT (Tech, Media, Telecom) sector (14.6x in 2026).
-> Deep-dive in TMT (Tech, Media, Telecom) market trends
Ent. Value
[members only]
Equity Value
[members only]
Multiples
EV / Revenue
[members only]
EV / EBITDA
[members only]
EV / EBIT
[members only]
Historical Financials (EUR)
Other operations with Credit Mutuel Equity
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 10/2026 | CREDIT MUTUEL EQUITY / MANAGEMENT & PRIVATE INVESTORS | MAISON BISSARDON | FRANCE | Soft Drinks |
| 09/2026 | CREDIT MUTUEL EQUITY / OLMA | CAVIAR DE NEUVIC | FRANCE | Aquaculture |
| 09/2026 | CREDIT MUTUEL EQUITY | VAN DEN CASTEELE | FRANCE | Dairy |
| 06/2026 | CREDIT MUTUEL EQUITY | ONELEC | FRANCE | B2B Specialized Distribution |
| 02/2026 | CREDIT MUTUEL EQUITY | LA VIE CLAIRE | FRANCE | Fine Food / Organic |
| 09/2025 | CREDIT MUTUEL EQUITY / EURAZEO / BPIFRANCE / BNP PARIBAS DEVELOPPEMENT | PROTEOR | FRANCE | Implants & Prosthetics |
| 11/2024 | CREDIT MUTUEL EQUITY | TOPSOLID | FRANCE | Engineering & Design Software |
| 07/2023 | CREDIT MUTUEL EQUITY / BNP PARIBAS DEVELOPPEMENT | DIMOTRANS | FRANCE | Freight Transport |
| 04/2022 | CREDIT MUTUEL EQUITY | ADIAL | FRANCE | Food Processing |
| 04/2021 | CREDIT MUTUEL EQUITY | CHARLES & ALICE | FRANCE | Food Products |
Similar deals in IT Services
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 09/2026 | MAIN CAPITAL PARTNERS | QBEES | GERMANY | MSP (Managed Services) |
| 08/2026 | COLLANA GROUP | NETWISE | POLAND | Consulting & Integration |
| 06/2026 | INVESTCORP | METRA | UNITED ARAB EMIRATES | IT Distribution & Channel |
| 06/2026 | DRAGOS | PHOSPHORUS | UNITED STATES | Cybersecurity Services |
| 06/2026 | INVESTCORP | TRIVIUM ESOLUTIONS | GERMANY | Custom Dev |
| 06/2026 | LDC | UBDS GROUP | UNITED KINGDOM | Consulting & Integration |
| 05/2026 | IREN | NOSTRUM GROUP | SPAIN | Hosting / Datacenter |
| 05/2026 | ISATIS CAPITAL | CAPTIVEA | FRANCE | Custom Dev |
| 05/2026 | CINVEN | ONGOING WAREHOUSE | SWEDEN | Infrastructure & Cloud |
| 04/2026 | AFINUM | SEQURIO | GERMANY | Cybersecurity Services |
REFERENCES
Revenue range: REV 1m EUR - 100m EUR
Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of Netcloud by Credit Mutuel Equity 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.
Press release: view release
Target: netcloud
Acquirer: credit mutuel equity
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