mynth
07/2026MinorityGrowth Equity

Credit Mutuel Equity invests in Netcloud

SWITZERLAND IT Services / Infrastructure & Cloud / MSP (Managed Services) REV 1m EUR - 100m EUR

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)

Year
Rev
EBITDA
EBIT
2026
€1–100M
[members only]
[members only]
2025
€1–100M
[members only]
[members only]

Other operations with Credit Mutuel Equity

Other operations with Credit Mutuel Equity
DateAcquirerTargetCountrySector
10/2026CREDIT MUTUEL EQUITY / MANAGEMENT & PRIVATE INVESTORSMAISON BISSARDONFRANCESoft Drinks
09/2026CREDIT MUTUEL EQUITY / OLMACAVIAR DE NEUVICFRANCEAquaculture
09/2026CREDIT MUTUEL EQUITYVAN DEN CASTEELEFRANCEDairy
06/2026CREDIT MUTUEL EQUITYONELECFRANCEB2B Specialized Distribution
02/2026CREDIT MUTUEL EQUITYLA VIE CLAIREFRANCEFine Food / Organic
09/2025CREDIT MUTUEL EQUITY / EURAZEO / BPIFRANCE / BNP PARIBAS DEVELOPPEMENTPROTEORFRANCEImplants & Prosthetics
11/2024CREDIT MUTUEL EQUITYTOPSOLIDFRANCEEngineering & Design Software
07/2023CREDIT MUTUEL EQUITY / BNP PARIBAS DEVELOPPEMENTDIMOTRANSFRANCEFreight Transport
04/2022CREDIT MUTUEL EQUITYADIALFRANCEFood Processing
04/2021CREDIT MUTUEL EQUITYCHARLES & ALICEFRANCEFood Products

Similar deals in IT Services

Similar deals in IT Services
DateAcquirerTargetCountrySector
09/2026MAIN CAPITAL PARTNERSQBEESGERMANYMSP (Managed Services)
08/2026COLLANA GROUPNETWISEPOLANDConsulting & Integration
06/2026INVESTCORPMETRAUNITED ARAB EMIRATESIT Distribution & Channel
06/2026DRAGOSPHOSPHORUSUNITED STATESCybersecurity Services
06/2026INVESTCORPTRIVIUM ESOLUTIONSGERMANYCustom Dev
06/2026LDCUBDS GROUPUNITED KINGDOMConsulting & Integration
05/2026IRENNOSTRUM GROUPSPAINHosting / Datacenter
05/2026ISATIS CAPITALCAPTIVEAFRANCECustom Dev
05/2026CINVENONGOING WAREHOUSESWEDENInfrastructure & Cloud
04/2026AFINUMSEQURIOGERMANYCybersecurity 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

FAQ

What transaction does this page cover?

This page covers the acquisition of a minority stake in Netcloud, a Swiss company specialised in Infrastructure & Cloud, by Credit Mutuel Equity in 2026, structured as a growth equity investment to support its development.

How does the valuation of Netcloud compare to benchmarks in the TMT (Tech, Media, Telecom) sector?

Transaction multiples for this specific deal are exclusively reserved for mynth members. Nevertheless, transactions tracked by mynth in this sector reveal an average benchmark multiple of 14.6x EBITDA during 2026.

What sources support the information on this transaction?

The details of this transaction are sourced directly from the official corporate announcement published on the parties’ institutional website, ensuring primary-source verification of the closing and perimeter.

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