mynth
01/2016

SOGETREL acquired by QUILVEST CAPITAL PARTNERS & BPIFRANCE

FRANCE Telecom / Infrastructures EV 50M - 150M EUR

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 in 2015, is valued in this transaction at an EV/EBITDA multiple of , a level than 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.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2015
2014

Other operations with SOGETREL

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
DateAcquirerTargetCountrySector
02/2021ANDERA PARTNERSSOGETRELFRANCEInfrastructures
09/2018LATOUR CAPITAL / BPIFRANCE / BNP PARIBAS DEVELOPPEMENTSOGETRELFRANCEInfrastructures

REFERENCES

Valuation range: EV 50M - 150M EUR

Revenue range: 250M - 500M EUR

EBITDA range: 5M - 25M 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 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