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New Deal


Announced

Completed

Iliad completed acquisition of 75% stake in Jaguar Network from Naxicap Partners for $122m.

Financials

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Transaction Value£89m
Consideration TypeCash
Capital Owned-
Capital Bid For75%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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internet services

Internet

Completed

Majority

France

Acquisition

internet provider

Private

Private Equity

Friendly

Single Bidder

Synopsis

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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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