SOGETREL acquired by QUILVEST CAPITAL PARTNERS & BPIFRANCE
Context
Quilvest Private Equity took a majority stake in Sogetrel, facilitating the exit of a large pool of historical financial investors (Equistone, Capzanine, ICG, Ardian, and Idinvest). Bpifrance joined as a minority partner. This new capital structure was designed to support the group's transition into the "Very High Speed" (THD) era and accelerate international growth, following initial forays into Switzerland and Belgium.
SOGETREL, which reported an EBITDA margin of [members only] in 2015, is valued in this transaction at an EV/EBITDA multiple of 5x–12x, a level significantly lower than the average currently observed in the TMT (Tech, Media, Telecom) sector (14.6x).
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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.
Ent. Value
€50–150M
Equity Value
[members only]
Multiples
EV / Revenue
below 1.5x
EV / EBITDA
5x–12x
EV / EBIT
5x–12x
Historical Financials (EUR)
Other operations with SOGETREL
Other operations with SOGETREL
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|---|---|---|---|---|
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Other operations with QUILVEST CAPITAL PARTNERS / BPIFRANCE
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 03/2022 | QUILVEST CAPITAL PARTNERS | LES SECRETS DE LOLY | FRANCE | Hygiene & Beauty Brands |
| 07/2021 | QUILVEST CAPITAL PARTNERS | PRIMAL GROUP (FORMERLY SOLEM) | FRANCE | IoT & Connected Objects |
| 11/2017 | QUILVEST CAPITAL PARTNERS | GROUPE EDH | FRANCE | Education Providers |
REFERENCES
Valuation range: EV €50–150M
Revenue range: €250–500M
EBITDA range: €5–25M
EV/Revenue range: below 1.5x
EV/EBITDA range: 5x - 12x
Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of SOGETREL by QUILVEST CAPITAL PARTNERS / BPIFRANCE 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: quilvest capital partners / bpifrance