Context
Founded in 1996, Oceanet Technology offers hosting and managed services as well as cloud and data protection consulting services. It has a leading position in the West of France and a strong presence in Paris and Switzerland through its subsidiaries NBS Systems and Net4All.
For the past 25 years, Oceanet Technology has provided services to small and medium-sized businesses and major corporations that want to outsource the management and hosting of their IT systems and websites. Oceanet Technology helps its customers set up, secure and improve their cloud infrastructure.
Celeste’s acquisition of Oceanet Technology forms part of its growth strategy in the optical fibre and cloud space. This strategic direction was reinforced when InfraVia Capital Partners, an infrastructure and technology private equity specialist, acquired Celeste in 2019. With this acquisition, Celeste will strengthen its own cloud solutions to better address clients’ needs in managed services while benefiting from Oceanet Technology's well-established cybersecurity expertise and culture.
About Oceanet Technology
Founded in 1996, Oceanet Technology provides a wide range of public and private cloud solutions as well as architecture, migration, disaster recovery planning, support and architectural audit services. As an ISO 27001, ISO 9001 and Health Data Hosting certified company, Oceanet provides complete and effective solutions for data security by leveraging its own datacentres and its expertise in the public cloud to serve more than 4,000 customers in France, UK and Switzerland.
About Celeste
Celeste is a broadband telecom operator for French and Swiss SMEs, large corporates and public organizations. The group has a strong expertise in telephony, cloud hosting, interconnection solutions, network security and optical fibre. Celeste serves more than 12,000 key public and private accounts, including Banque de France, French Ministry, Air Liquide, BNP Paribas and Thales across multiple sites. The group has been backed by InfraVia since 2019 and continues to develop its business in France and Switzerland through organic and inorganic growth.
Deal Team
Should you want to know more about this transaction, you can contact one of the team members above
Bryan, Garnier & Co acts as Sole Financial Advisor to the French cloud operator Oceanet Technology and its shareholders on its sale to Celeste, the InfraVia-backed French telecom operator
Bryan, Garnier & Co acted as Sole Financial Advisor to Oceanet Technology and its shareholders on the sale of the company.
Bryan, Garnier & Co organised, prepared and led a competitive process involving several national and international trade buyers able to support the company’s growth and development strategy.
This marks another landmark transaction for Bryan, Garnier & Co’s Technology practice and demonstrates its expertise in IT and Telecom services. Other transactions in the sector include Andera’s minority investment in Artemys, the sale of Sword France to Argos Wityu, the acquisition of Blue (formerly Bretagne Telecom) by Quilvest Capital Partners, the acquisition of Sodifrance by Sopra Steria, the sale of Metsys to European Digital Group and the sale of Lexsi to Orange.
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