M&A Deal Summary

Alstom Acquires 21Net

On March 6, 2018, Alstom acquired communications company 21Net from Octopus Investments

Acquisition Highlights
  • This is Alstom’s 2nd transaction in the Communications sector.
  • This is Alstom’s 1st transaction in Belgium.

M&A Deal Summary

Date 2018-03-06
Target 21Net
Sector Communications
Buyer(s) Alstom
Sellers(s) Octopus Investments
Deal Type Add-on Acquisition

Target

21Net

Boortmeerbeek, Belgium
21Net Ltd. is a provider of on-board Internet and passenger infotainment for the railway industry. Its on-board connectivity solution is based on multiple technologies such as satellite, cellular and high-speed wireless from trackside antennas. 21Net Ltd. was established in 2001 and is based in Boortmeerbeek, Belgium.

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Buyer(S) 1

Buyer

Alstom

Saint-Ouen, France

Category Company
Founded 1992
Sector Energy Services and Equipment
Employees86,039
Revenue 18.5B EUR (2025)
DESCRIPTION

Alstom is a provider of electrical generation and transmission products, including turbines for hydroelectric, gas, coal, and nuclear-powered plants. Alstom was founded in 1992 and is based in Saint-Ouen, France.


DEAL STATS #
Overall 9 of 14
Sector: Communications M&A 2 of 2
Type: Add-on Acquisition M&A Deals 7 of 10
Country: Belgium M&A 1 of 1
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-21 Nomad Digital

Newcastle upon Tyne, United Kingdom

Nomad Digital Ltd. is a provider of passenger and fleet connectivity solutions to the railway industry. Nomad Digital’s solutions include passenger WiFi, innovative Passenger Information Systems and on-board passenger portals, entertainment and media platforms. In addition, Nomad Digital also provides tele maintenance solutions, including Remote Online Condition Monitoring, Reliability Centred Maintenance, Driver Assist and Power Train products. Nomad Digital’s solutions and teams fully leverage the integration and convergence of both Rail and Information & Communications Technologies (ICT) and skills.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-17 Bombardier - Transportation Division

Valcourt, Quebec, Canada

Bombardier, Inc. - Transportation Division is a provider of rail services in Canada.

Buy $8.2B

Seller(S) 1

SELLER

Octopus Investments

London, United Kingdom

Investor Investor Investor Investor Investor


Category Asset Manager
Founded 2000
PE ASSETS 9.9B GBP
Size Mega
Type Sector Agnostic
DESCRIPTION

Octopus Investments is a private equity group that invests in lower middle-market UK based companies. Octopus looks to invest in buyouts, buy-ins, industry consolidations, and situations requiring development capital. Octopus' target investment size is £300k to £5 million in sectors such as business services, food/beverage, education and training, environmental services, media, marketing, healthcare, consumer, retail, leisure, and manufacturing. The Firm seeks businesses with a sustainable competitive advantage, whether through a unique product, IP, brand names or trade marks. Octopus Private Equity was formed in 2004 and is based in London.


DEAL STATS #
Overall 25 of 41
Sector: Communications M&A 2 of 2
Type: Add-on Acquisition M&A Deals 16 of 23
Country: Belgium M&A 1 of 1
Year: 2018 M&A 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-27 Vista Technology Support

Cardiff, United Kingdom

Vista Technology Support is an IT services company. Vista offers a range of EPOS and support services including hardware support and maintenance, building, cabling and installing EPoS systems and contact centre management. Vista Technology Support was founded in 1995 and is based in Cardiff, United Kingdom.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-09 Coal Grill and Bar

London, United Kingdom

Coal Grill and Bar is a casual dining restaurant chain serving freshly prepared char grilled food in a welcoming and modern atmosphere. The restaurants feature an open plan kitchen and a comfortable bar area where customers can enjoy a snack, cocktail or drink. Many of the venues feature dedicated outdoor seating areas providing an alfresco dining opportunity. Coal Grill and Bar was founded in 2006 and is based in London, England.

Sell -