Claranet Limited

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Claranet Limited - overview

Established

1996

Location

London, -, UK

Primary Industry

Internet

About

Claranet Limited, based in the UK, is a managed service provider specializing in integrated technology solutions including cloud services, cybersecurity, and data management to enhance business IT infrastructures. Founded in 1996, Claranet Limited operates as a managed service provider, delivering integrated technology solutions. Headquartered in London, UK, the company has undergone significant growth, raising USD 103 mn in its latest funding round, a Secondary Buyout led by Tikehau Investment Management. Claranet has completed three deals to date.


CEO Charles Nasser has guided the company through its evolution, positioning it for future opportunities in the technology sector. Claranet is a managed service provider offering a comprehensive suite of solutions that includes cloud services, cybersecurity, data management, networks, and workplace optimization. The company assists businesses in planning, adopting, managing, and modernizing their IT infrastructures, whether private, public, or hybrid, providing robust cybersecurity measures to protect against cyber threats. Claranet serves a diverse clientele across various sectors, including retail and healthcare, with significant clients like Pets at Home and the Salvation Army Trading Company Ltd.


Their solutions are primarily marketed in the United Kingdom and Europe, focusing on enhancing operational efficiency amid technological changes. Claranet operates on a subscription-based revenue model, generating USD 638. 32 mn in revenue and an EBITDA of USD 96. 73 mn for the year 2024.


This model supports long-term client partnerships, particularly in cloud management and cybersecurity, providing tailored solutions that align with clients' needs without disclosing specific pricing structures. In May 2017, Claranet received a significant investment of USD 103 mn from Tikehau Capital and existing shareholders, leading to Tikehau holding a minority stake in the company. This funding will be utilized to bolster Claranet's expansion strategies, with intentions to launch new products and enhance service offerings. The company is also targeting growth into new geographic regions across Europe, leveraging its recent funding to address increased demand for integrated technology solutions.


Current Investors

Tikehau Investment Management

Primary Industry

Internet

Sub Industries

Website Hosting, Web Development, IT Security/Cybersecurity

Website

www.claranet.co.uk

Verticals

Artificial Intelligence, Cloud Computing, IoT (Internet of Things)

Company Stage

Mature

Total Amount Raised

Subscriber access only

Claranet Limited - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Trade SaleCompletedMandic SA-
Add-on, Trade SaleCompletedCorpFlex Informatica S/A-
Add-onCompletedUnion Solutions Limited-
Secondary BuyoutCompletedClaranet Limited-
Add-onCompletedStar-

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