SECURELINK acquired by ORANGE
Context
Orange SA has announced a definitive agreement to acquire 100% of SecureLink, executing a major cross-border corporate buyout within the European digital infrastructure sector. The acquisition thesis represents a strategic consolidation play designed to transform Orange into a pan-European leader within the highly fragmented managed security services market. By fully integrating SecureLink, Orange achieves a major geographic expansion, establishing an immediate, large-scale operational footprint across critical Northern European territories where the target holds a strong local presence. The post-closing strategic rationale focuses on leveraging the target's technical expertise to broaden Orange's specialized cybersecurity architecture. The combined corporate entity will deliver an integrated, end-to-end product pipeline—encompassing advanced risk consulting, hardware and software solution provisioning, continuous infrastructure maintenance, and 24/7 security operations center (SOC) assistance.
By taking control of Securelink, Orange continues its expansion strategy. Previously, the group had completed 3 acquisitions, including Basefarm in 2018.
SECURELINK, which reported an EBITDA margin of in 2018, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the TMT (Tech, Media, Telecom) sector (14.9x).
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Target
SecureLink operates as a European cybersecurity services provider, maintaining an established local presence across Northern European markets. Founded in 2003, the company's business model is built around a dual offering of managed security services and infrastructure deployment. Its portfolio encompasses specialized security consulting, hardware and software product provisioning, and continuous maintenance alongside 24/7 security operations center (SOC) assistance. The firm serves a highly diversified corporate and institutional client base, managing technical workflows designed to protect sensitive digital infrastructure and prevent advanced cyber threats. The company's value proposition centers on delivering high-availability, localized managed security services that enable large enterprises and public institutions to secure their data assets and maintain regulatory compliance.
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REFERENCES
Valuation range: EV 500M - 1.5b EUR
Revenue range: 150M - 250M EUR
EBITDA range: 10M - 30M EUR
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Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.
Acquirer: orange