Saphelec acquires 2 French tech companies
BIOT, FRANCE — Telecommunications and IT solutions provider Saphelec has recently completed two acquisitions, marking its 13th and 14th buyouts in the past decade.
The company has set its sights on two Alsatian companies, Entela and DBH Services, both located in Entzheim, near Strasbourg.
Saphelec’s growth strategy
Saphelec is a company that specializes in radio communications for taxis. It offers telephony, internet, video conference, outsourcing, and other services.
The acquisitions mark Saphelec’s first venture into the Grand Est region of France, extending their existing network, which did not previously cover this area.
With these acquisitions, Saphelec is set to push towards a projected turnover of €50 million ($54 million) by 2025, a substantial increase from €26 million (US$28 million) in 2023.
The current management of both acquired companies will continue their roles, ensuring stability and ongoing growth.
René Dutey and Bruno Bauer from Entela, alongside Julien Lequeurre, the new CEO of Entela and general manager of Saphelec, aim to drive advancements in cybersecurity and connected buildings.
Denis Herrle remains as the head of DBH Services, focusing on scaling up operations to meet increasing demand in the reconditioned products market.
Boost in services and expertise
Entela, now under Saphelec, boasts a turnover of €7.3 million (US$7.9 million) and employs 50 people. This company, operating for over 30 years, specializes in IT and telecoms integration including cabling, telephony, networks, IT infrastructure, cybersecurity, audiovisual, and smart buildings.
Entela is well-known for its proprietary tool Connect-1, which facilitates the management of technical elements in buildings or work environments.
On the other hand, DBH Services, although smaller with a €3 million (US$3.2 million) annual revenue, plays a crucial role in the reconditioning market, repairing 50,000 telecom and network products annually.
With an existing subsidiary in Germany, DBH Services aims to become a “major European player in the circular economy in the IT and telecoms sector” under Saphelec’s ownership.
“The demand for reconditioned products for both smartphones and landlines will grow exponentially in the coming years, driven by proactive government decisions,” Saphelec stated in a press release.
These acquisitions position Saphelec company for continued growth and expansion in both the IT integration and circular economy sectors, reinforcing its status as a key player in the French and European tech landscape.
