Regulatory News:
Tikehau (Paris:TKO) has entered into an agreement with
Claranet to invest in a minority stake alongside existing
shareholders. Founded in 1996, Claranet is a leading independent
Managed Services Provider, with headquarters in London and
operating in seven European countries and Brazil.
Thanks to a continuous organic and ambitious external growth
strategy, Claranet has expanded in several European countries over
the past decade. The company has over 1,300 employees and delivers
its services to over 6,000 customers across the UK, France,
Germany, Spain, Portugal, Italy, the Netherlands. Claranet has
recently entered Brazil.
Attracted by the company’s growth profile, its pan-European
reach, its track record in integrating acquisitions and the quality
of the management team, Tikehau Capital has signed an agreement to
further support the company’s development. Tikehau Capital is to
invest £80 million in equity and preferred equity alongside
existing shareholders.
Antoine Flamarion, Co-founder of Tikehau Capital, commented: “We
are delighted to invest in Claranet, a European leader in the
growing managed IT services market. Our investment in Claranet will
support its growth and enable the company to seize market
opportunities, illustrating Tikehau Capital’s commitment to support
European entrepreneurs in their ambitious international development
plans.”
Transaction parties and
advisors:
Investor: Tikehau Capital (Thomas Grob, Mathieu Badjeck, Claire
Bellavoine)
Company’s financial advisor: Lazard (Vincent Le Stradic,
Guillaume Daraux, Lara Beaumont)
Company’s legal advisor: Hogan Lovells (Peter Watts, Daniel
Simons, Cees Brouwer)
Company’s financial due diligence: EY (Neil Hutt, Katie
Bridge)
Company’s tax advisor: BDO (Tim Ferris, Vaughan Lister)
Strategic due diligence: EY (Olivier Wolf, Nick Padgett)
Tikehau Capital legal advisor / legal audit: Goodwin (Maxence
Bloch, Simon Servan Schreiber, Yoann Labbé)
Tikehau Capital financial due diligence: Eight Advisory (Justin
Welstead, Blandine Baiget)
Tikehau Capital valuation advisers: Eight Advisory (Alexis
Karklin-Marchay, Jennifer Fabbro)
Tikehau Capital tax due diligence: Arsène Taxand (Denis Andres,
Yoann Chemama, Sophie Galarza)
About Tikehau Capital
Tikehau Capital is an asset management and investment group
which manages approximately €10bn of assets, with shareholders’
equity of €1.5bn. The group invests in various asset classes
(private debt, real-estate, private equity and liquid strategies),
including through its asset management subsidiary Tikehau IM, on
behalf of institutional and private investors. Controlled by its
managers, alongside leading institutional partners, Tikehau Capital
employs 170 staff members in its Paris, Milan, Brussels, London and
Singapore offices.
Tikehau Capital is listed on Euronext Paris, compartment A (ISIN
code: FR0013230612; Ticker: TKO.FP)
www.tikehaucapital.com
About Claranet
Claranet’s IT services help our customers do amazing things. We
simplify the management of IT services so our customers can
concentrate on what they do best. By working with us our customers
gain access to a wide range of integrated hosting, networks and
communications managed services, as well as our support and
expertise 24×7.
Founded in 1996, Claranet has evolved from a pioneering ISP
(Internet Service Provider) into one of the leading independent
MSPs (Managed Services Provider) in Europe. The company has
annualised revenues of circa £220 million, over 6,000 customers,
more than 1,300 employees, and an international footprint in two
continents and eight countries.
Today, Claranet is a leader in DevOps and Public Cloud and
delivers managed services that are flexible, secure and cost
effective. The result is best practice application performance for
all clients as they build their digital businesses.
While Claranet has grown internationally, the focus has always
been on local service, out of local offices, using a mixture of
local and international infrastructure, including public clouds.
The company’s ambitious growth strategy has led to numerous
acquisitions. On a constant currency basis, revenues have increased
threefold in four years.
To reinforce this effort, Claranet was recognised as a ‘Leader’
- one of only five - in Gartner’s Magic Quadrant for Managed Hybrid
Cloud Hosting, Europe (2016) for the fourth consecutive year.
For more information, visit www.claranet.co.uk
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version on businesswire.com: http://www.businesswire.com/news/home/20170510006739/en/
Press
Contacts:Tikehau CapitalJulien Sanson, +33 1
40 06 18 40jsanson@tikehaucapital.comorLeslie Jung, +44 781
864 18 03ljung@image7.uk.comorClaranetRobin Campbell-Burt, +44 207
388 9988claranet@spreckley.co.uk
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