Announced
Completed
Financials
Tags
internet services
Internet
Completed
Majority
France
Acquisition
internet provider
Private
Private Equity
Friendly
Single Bidder
Synopsis
Iliad, the parent company of Free, the inventor of the Freebox, the first multiservice box on ADSL, has acquired a 75% stake in Jaguar Network, a sovereign service provider that offers companies trusted support for their digital transformation processes, from Naxicap Partners for $122m. This acquisition marks a major step forward in Iliad's development strategy for addressing the corporate market, by forging an alliance with a well-known entrepreneur and combining the strong, complementary skills of both groups.
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