08 June 2020

Icow x Magic Online

Cession

Secteur Consulting & Technology Services

ICOW SYSTEMS, 100% 4G Internet service provider, is hosted by Magic Online.

Client Icow

Created in 2014, the Lyonnaise start-up Icow is positioned in the supply of 4G routers for businesses. The difference from the competition (Huawei, Cisco, Aruba ...): the equipment offered is multi-operator (Bouygues, Free, Orange, and SFR). Another point of distinction put forward by the company, the "packaged and adaptable" nature of its offers to meet customer needs as arguments of distinction. Icow's 4G boxes are fully managed so that technicians can control the box remotely and intervene more quickly in the event of an incident.

Contrepartie Magic Online

The Magic Online Group has been a Very High-Speed Internet Access Provider & Host dedicated to businesses for over 25 years. The Group’s brand services catalog includes Fiber Optic, VPN, SDWAN, Security, domain name management, VPS hosting, Public and Private Cloud, infrastructure, PRA, outsourced backup offers. The French company with a turnover of 14 Million Euros, more than 100 collaborators, an establishment in 4 Datacenters in France, technical teams that manage daily more than 20 000 servers and private networks for the accounts of PME, and large French companies.

ICOW, the ISP specialized in dual-operator 4G solutions, is getting closer to Magic Online, which is taking a majority stake alongside the founders who remain at the helm of the company.

The Lyon telecoms operator ICOW, a specialist in very high-speed internet access by 4G (soon 5G), guarantees an availability rate of 99.99% to its customers. ICOW provides bundled offers with a box, a remote fleet management platform, and associated level 3 support services. Its offers are adapted to the needs of customers ranging from the main permanent connection to the back-up solution. up. ICOW was able to convince a large panel of very diverse SMEs and large accounts present in the industry, retail, hotels, transport, events, etc.

With a turnover of € 12 million, the Magic Online group is a Telecom operator, host, and ISP dedicated to businesses. It notably owns the “Magic Online” platform, a pioneer in the hosting sector, and successively acquired Euroweb in 2011, Netissime in 2016, Nuxit in 2017, PHP NET in 2018, and WP Server in March 2020, independent providers on the French market.

This transaction will enable ICOW to benefit from significant synergies with Magic Online. Also, the ICOW avant-garde technology will allow the Magic Online group to offer a more innovative and competitive ISP 4G offer, as well as THE 4D brick of any SD-WAN strategy combining multiple technologies.

"We were in negotiations with two companies before the Covid-19 crisis, and we did not want to postpone these operations during the confinement period. The recession announced, forces us to strengthen our markets. Besides, like all my colleagues, I believe that the need for resilience of companies, in particular concerning their IT infrastructures, will not suffer any postponement or budget limitations for CIOs, " said Philippe Barouk, the founder of Magic. Online.

Secteur lié

Consulting & Technology Services

PAX Corporate Finance is the leading investment bank in the consulting and technology services sector. For over 20 years, we have been supporting entrepreneurs in these industries with nearly one hundred successful transactions.

Équipe Membres associés

Laurent Mouflin Associé

Arnaud Lionard Manager

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