At what enterprise value was SOGETREL acquired in 2021?

During the acquisition of SOGETREL by ANDERA PARTNERS in 2021, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 300M - 700M 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 14.5x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of SOGETREL when it was acquired by ANDERA PARTNERS?

The estimated EV/EBITDA multiple for SOGETREL is in the range of 5x - 12x. For comparison, the TMT (Tech, Media, Telecom) sector currently shows an average EBITDA multiple of 14.5x. Join our community for free to access full valuation data and industry trends.

When was SOGETREL acquired by ANDERA PARTNERS?

SOGETREL was acquired by ANDERA PARTNERS in 2021.

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

The revenue of SOGETREL at the time of the deal is estimated to be in the range of 450M - 900M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of SOGETREL during the acquisition?

SOGETREL's EBITDA is estimated to be in the range of 25M - 50M 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 SOGETREL 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 SOGETREL 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://capitalfinance.lesechos.fr/deals/lbo/sogetrel-opte-pour-un-mbo-sponsorless-avec-actomezz-1265708

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Home Database TMT (Tech, Media, Telecom)SOGETREL

02/2021

SOGETREL acquired by ANDERA PARTNERS

FRANCE Telecom / Infrastructures EV 300M - 700M EUR

Context

Sogetrel's management regained majority control of the group by buying out Latour Capital and its partners. The transaction was structured as a sponsorless MBO, backed by mezzanine financing from ActoMezz. The valuation increase since since its last valuation from 2018 reflects the group's explosive growth in the fiber optic market. This structure allows management to execute a long-term diversification strategy into Smart Cities and 5G infrastructure without the constraints of a traditional majority private equity fund.

It is worth noting that the fund Quilvest Capital Partners / Bpifrance took control of Sogetrel through an LBO in 2016.

SOGETREL, which reported an EBITDA margin of in 2020, 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 (14.5x).

-> Deep-dive in TMT (Tech, Media, Telecom) market trends

Target

Sogetrel is a leading French specialist in the integration and maintenance of telecom networks and digital solutions. The group is a major player in the "France Très Haut Debit" plan (high-speed broadband). It has diversified into "Smart Cities" (video protection, IoT) and IP Security (access control, alarms) to prepare for the post-fiber era. At the time of the deal, it employed over 5,000 people.

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Other operations with SOGETREL

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
09/2018	LATOUR CAPITAL / BPIFRANCE / BNP PARIBAS DEVELOPPEMENT	SOGETREL	FRANCE	Infrastructures
01/2016	QUILVEST CAPITAL PARTNERS / BPIFRANCE	SOGETREL	FRANCE	Infrastructures

REFERENCES

Valuation range: EV 300M - 700M EUR

Revenue range: 450M - 900M EUR

EBITDA range: 25M - 50M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of SOGETREL by ANDERA PARTNERS 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.

Acquirer: andera partners