.
MergerLinks Header Logo

New Deal


Announced

Completed

Orange completed the acquisition of Basefarm Holding.

Financials

Edit Data
Transaction Value£310m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

cyber security

application management

cloud computing

IT Services: Other

Norway

Disposal

Private

Friendly

Single Bidder

Private Equity

Completed

Synopsis

Edit

Orange has completed the acquisition of 100% of Basefarm through its enterprise subsidiary Orange Business Services following the approbation of the relevant competition authorities £310m. Basefarm is a leading European player in cloud-based infrastructure and services, as well as the management of critical applications and data analysis. The company, which recorded revenues of over €100m in 2017, has enjoyed steady growth since its creation. Basefarm has a strong operational presence in several European countries, particularly in Norway, Sweden, the Netherlands, Austria and in Germany, where it boasts a cutting-edge big data activity with its subsidiary The unbelievable Machine Company. Its business proposition lies at the forefront of innovative services in cloud computing, Big Data and Artificial Intelligence, thanks to the widely-recognized expertise of its 550 employees for maximum customer satisfaction.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US