Enterprise Cloud Merger Activity to Accelerate in Europe as Key Players Seek Scale

Enterprise cloud infrastructure and service providers are entering a phase of rapid consolidation across Europe as several IT subsectors converge and key players seek scale via acquisition, say industry experts speaking at TMT M&A Forum 2016 in London on April 14 – an annual international leadership event for telecom, media and tech.

“M&A activity across the cloud, infrastructure and managed services sectors is accelerating rapidly as businesses look to take advantage of significant tailwinds over the next five years, through consolidation, as well as organic growth opportunities,” said Olivier Wolf, Partner, TMT Sector Leader at Ernst & Young. 

tmt forum 2016 londonSignificant deals last year included Equinix’s £2.35bn acquisition of Telecity and UK-headquartered Interoute’s acquisition of managed services business Easynet for £402m,. News provider TMT Finance is predicting a high number of new merger and acquisition situations across the continent this year.

As such, Enterprise Cloud has been identified as one of the key sessions for TMT M&A Forum 2016 which gathers 350 leading telecom, media and tech executives, investment bankers and advisers to assess the latest international opportunities and strategies in London on April 14.

Olivier Wolf, Partner, TMT Sector Leader of Ernst & Young will be chairing the Enterprise Cloud Panel, which also features Alistair Mills, CEO of highly acquisitive UK business Six Degrees Group; Michael Tobin OBE, leading industry entrepreneur and former CEO of TeleCity Group, Bob Falconer CEO of Gamma and other speakers to be announced.

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The TMT M&A Forum 2016 takes place in London on April 14

Other industry speakers at the event include senior executives from: Telefonica, Liberty Global, Altice, Vodafone, Telenor, Google, Iliad, VimpelCom, Interoute, Cellnex, Numericable, Millicom, NTT Docomo, Cellnex, Eaton Towers, Sigfox, Masternaut, CSL Dualcom, PCCW, Telekom Austria and TalkTalk.

Financial institutions, private equity investors and advisers represented include: Apax, KKR, Providence, Barclays Capital, BNP Paribas, Credit Agricole, Citi, Goldman Sachs, JP Morgan, ING, Societe Generale, Accenture, BearingPoint, Ernst & Young, Dentons, Linklaters, Hardiman Telecoms, Drooms and IFC World Bank.

For more information, go to: http://www.tmtfinance.com/merger/programme.