The Accellency team is very proud to accompany OVHcloud’s management and shareholders on their growth acceleration trajectory.
OVHcloud is the leading European cloud provider serving 1.6 million clients in over 140 countries across the world. As the only European pure cloud player of scale, OVHcloud is uniquely positioned to capture the exponential growth in global cloud and surging demand for data sovereignty.
The IPO will take place on Euronext Paris with a capital raise of up to €400 million to accelerate OVHcloud’s growth trajectory and consolidate its leadership position in Europe while continuing to expand in the Americas and Asia.
Current investors include KKR and Towerbrook while the transaction is being assisted by BNP Paribas, Citi, JP Morgan and KKR Capital Markets acting as Joint Global Coordinators and Joint Bookrunners. Rothschild & Co and 8 Advisory are acting as independent financial advisor, Brunswick as financial communications advisor.
OVHcloud’s revenues reached €632 million in FY2020.
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