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New Deal


Announced

Sagard and Eurazeo to acquire a majority stake in I-TRACING from Keensight Capital for £142m.

Financials

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Transaction Value£141m
Consideration TypeCash
Capital Owned-
Capital Bid For51%
EV/Sales3x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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IT Services: Other

Private

Friendly

computer consultant

Domestic

Pending

France

Majority

Single Bidder

Acquisition

Private Equity

Synopsis

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Two private equity firms Sagard and Eurazeo agreed to acquire a majority stake in I-TRACING, a computer consulting company, from Keensight Capital, a private equity and venture capital firm, for £142m. "From now on, with the assistance of Eurazeo and Sagard, we will accelerate our growth both in France and internationally in Europe, Asia and North America, accompanying our major French and European clients in all of their cybersecurity needs. We will ensure to maintain our values and mindset, the quality and expertise of our services, commitment to our clients in a thrilling environment for our staff,” Theodore-Michel Vrangos and Laurent Charveriat, I-TRACING Two Founding Partners.

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