Exiptel buys L'Avant-Garde in first build-up since 2022 MBI

What's the deal? French IT services company Exiptel has acquired Avant-Garde OverseasDealroom has a profile for this one. Try Dealroom →. The deal value was not disclosed.

What's the context? Exiptel, founded in 2006, specialises in cybersecurity and network consulting. The acquisition marks its first build-up since a 2022 sponsorless management buy-in (MBI) that formalised Jean-François Caillard's takeover of the company.

The signal: The move points to continued consolidation among France's IT services players, as cybersecurity and network specialists use build-ups to broaden their footprint.

Read more: cfnews.net

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