EOLO SpA

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EOLO SpA - overview

Established

1999

Location

Busto Arsizio, Varese, Italy

Primary Industry

Telecoms

About

Based in Italy, EOLO SpA is a provider of high-speed internet solutions, specializing in Fixed Wireless Access (FWA) and Fiber to the Home (FTTH) technologies, designed to connect underserved areas and enhance connectivity across the country. EOLO SpA was founded in 1999 and is headquartered in Busto Arsizio, Italy. The company focuses on delivering high-speed internet services and operates without any noted subsidiaries. The founder, Luca Spada, has a history of entrepreneurial ventures.


In July 2021, Partners Group acquired a 75% majority stake in EOLO SpA, valuing the company at an enterprise value of over EUR 1. 2 billion. Luca Spada retains a 25% stake in the company, which has completed a total of 2 deals since its establishment. EOLO SpA is a leading provider of high-speed internet solutions in Italy, specializing in Fixed Wireless Access (FWA) technology and Fiber to the Home (FTTH) connections.


The core product offerings include various internet service plans that cater to both residential and business customers. The FWA technology utilizes radio signals to deliver internet access, making it particularly effective in rural and underserved areas, where traditional wired connections are limited or unavailable. EOLO's services are designed to meet the needs of a diverse client base that includes families, gamers, and remote workers, offering speeds ranging from 30 Mbps to 1 Gbps, depending on the technology employed. The company operates throughout Italy, successfully connecting over 6,900 municipalities, including small towns and rural communities, ensuring that even the most remote locations can access high-speed internet.


EOLO SpA generates revenue primarily through subscription-based internet service plans tailored for residential and business clients. For the year 2024, EOLO SpA reported revenue of EUR 249,778,130. 90, with an EBITDA of EUR 113,011,854. 10.


Customers can select from a range of offerings, including EOLO Casa, EOLO Casa Plus, and EOLO Casa Max, which provide varying levels of speed and service quality. Pricing plans are structured to encourage long-term commitments, with monthly fees typically starting at competitive rates based on the service tier chosen. The company's revenue model emphasizes direct-to-consumer transactions, allowing clients to subscribe to services via the EOLO website, while also offering specialized solutions for businesses that require enhanced connectivity options. Following the acquisition in July 2021, EOLO SpA aims to leverage its new majority ownership to expand its offerings and export its know-how to other European states.


Recent funding will support the development of new product lines and enhance its market presence. The company is focused on improving its technology and increasing service availability, targeting expansion into additional European markets in the coming years.


Primary Industry

Telecoms

Sub Industries

Internet Service Providers, Telecoms Providers & Services

Website

www.eolo.it

Company Stage

Mature

Total Amount Raised

Subscriber access only

EOLO SpA - 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)
Secondary BuyoutAnnouncedEOLO SpA-
GrowthCompletedEOLO SpA-

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