Founded in 2005, Blue is a local telecom operator which provides companies with information system outsourcing solutions.
The company offers tailor-made solutions such as very high-speed networks, private networks, hosted IP telephony, private and hybrid cloud.
Its high-performance infrastructure, service quality and proximity to customers has helped Blue achieve rapid growth in recent years.
For 2020, Blue forecasts about EUR25m in revenue, up by around 20% on 2019.
Blue was looking for a partner to support its development, both organically and through external growth.
For over 15 years, Blue has supported companies in the outsourcing of their information systems and the implementation of external back-ups and disaster recovery plans. Owner of a ISO 27001-certified datacentre, the company supports more than 3,000 SMEs and large accounts. With an experienced team and certified processes, Blue supports its clients from consulting to design and deployment of solutions. It offers CIOs tailor-made solutions and 24/7 outsourcing services.
Should you want to know more about this transaction, you can contact one of the team members above
Bryan, Garnier & Co acted as Financial Advisor to Quilvest Capital Partners.
Bryan, Garnier & Co assisted Quilvest Capital Partners with sector and valuation expertise as well as continuous process intelligence, leveraging deep knowledge of the telecom market.
This marks another landmark transaction for Bryan, Garnier & Co’s Technology practice and demonstrates its expertise in telecoms. Other transactions in the sector include the sale of Dimelo to RingCentral, the sale of Lexsi to Orange and the sale of OnePhone Germany to Voiceworks.