At what enterprise value was WIFIRST acquired in 2019?

During the acquisition of WIFIRST by AMUNDI PRIVATE EQUITY / BPIFRANCE / SOCADIF in 2019, the transaction's Enterprise Value is estimated to be in the range of 100M - 350M EUR.

What was the EV/EBITDA of WIFIRST when it was acquired by AMUNDI PRIVATE EQUITY / BPIFRANCE / SOCADIF?

The estimated EV/EBITDA multiple for WIFIRST is in the range of 10x - 18x.

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

The revenue of WIFIRST at the time of the deal is estimated to be in the range of 25M - 50M EUR.

What was the EBITDA of WIFIRST during the acquisition?

WIFIRST's EBITDA is estimated to be in the range of 5M - 25M EUR.

How is the data for the WIFIRST 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 WIFIRST 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/valorise-200-m-wifirst-quitte-le-giron-de-bollore-1131064

What is the average EV/EBITDA multiple for the TMT (Tech, Media, Telecom) sector in 2026?

The average EV/EBITDA multiple for the TMT (Tech, Media, Telecom) sector in 2026 is 14.7x.

← DATABASE

Home Database TMT (Tech, Media, Telecom)WIFIRST

09/2019

WIFIRST acquired by AMUNDI PRIVATE EQUITY, BPIFRANCE & SOCADIF

FRANCE Telecom / Operators EV 100M - 350M EUR

Context

Groupe Bollore sold its 100% stake in Wifirst to a consortium of investors (Amundi, Bpifrance, Socadif) and the management team. The deal is heavily leveraged, financed by a EUR100 million unitranche debt facility provided by Pemberton.

WIFIRST, 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 (14.7x).

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

Target

Founded in 2002, Wifirst is the French leader in "Managed Wi-Fi" for professionals. The company deploys and operates high-density connectivity networks for specific verticals: student housing (CROUS), hospitality (hotels, campsites), and defense (military bases). Unlike a simple installer, Wifirst operates as a telecom operator with its own core network.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2018

2017

Other operations with WIFIRST

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
03/2022	CAPZA	WIFIRST	FRANCE	Operators

REFERENCES

Valuation range: EV 100M - 350M EUR

Revenue range: 25M - 50M 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 WIFIRST by AMUNDI PRIVATE EQUITY / BPIFRANCE / SOCADIF 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.

Target: wifirst

Acquirer: amundi private equity / socadif / bpifrance