At what enterprise value was WIFIRST acquired in 2022?

You can find the full valuation details of WIFIRST on mynth capital. 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 14.1x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of WIFIRST when it was acquired by CAPZA?

The exact EV/EBITDA multiple for WIFIRST is available on mynth capital. For comparison, the TMT (Tech, Media, Telecom) sector currently shows an average EBITDA multiple of 14.1x. Join our community for free to access full valuation data and industry trends.

When was WIFIRST acquired by CAPZA?

WIFIRST was acquired by CAPZA in 2022.

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 50M - 100M EUR. Register for free to access the full transaction report and exact valuation multiples.

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 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/capza-prend-le-controle-de-wifirst-1397241

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Home Database TMT (Tech, Media, Telecom)WIFIRST

03/2022

WIFIRST acquired by CAPZA

FRANCE Telecom / Operators REV 50M - 100M EUR

Context

Capza acquired a majority stake in Wifirst following a competitive process led by Hottinguer CF. The historical investors from the 2019 spin-off (Amundi PEF, Bpifrance, Socadif) sold part of their shares but reinvested to keep a minority stake alongside the CEO. The transaction is supported by a unitranche financing facility provided by Ares Management. The deal aims to fuel external growth in Europe.

Historically, the company has already experienced a leveraged buyout orchestrated by Amundi Private Equity / Bpifrance / Socadif in 2019.

WIFIRST, which reported an EBITDA margin of LOGIN in 2021, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the TMT (Tech, Media, Telecom) sector (14.1x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

-> 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.

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2020

Other operations with WIFIRST

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
09/2019	AMUNDI PRIVATE EQUITY / BPIFRANCE / SOCADIF	WIFIRST	FRANCE	Telecom	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.

REFERENCES

Revenue range: 50M - 100M 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 CAPZA are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Target: wifirst

Acquirer: capza