Claranet plays French tune with Diademys acquisition

Pan-European managed service provider (MSP) Claranet has acquired Diademys, in a move that has significantly expanded the company’s size and reach in France.

Diademys was founded in 2006 and quickly became a visible player in the managed services and cloud market. It is particularly known for its expertise in the hosting and management of critical business applications for mid-market organisations.

Based in Suresnes and Caen in France, the company has an annual turnover of €26 million, employs 120 staff and works with 200 clients from a wide range of sectors.

Diademys represents the latest in a wave of acquisitions made by the company across Europe over the past 18 months. The group’s annual revenues now stand at £192 million, employing more than 1,100 staff and working with 5,500 customers in the UK, France, Germany, Spain, Portugal and the Netherlands.

Diademys’ CEO, Fabrice Tetu, said: “We are backing Claranet for a number of reasons. The company has an aggressive and innovative strategy and wide presence across Europe, but, critically, it has retained its independence and is able to be agile in the face of changing market conditions.”

Olivier Beaudet, CEO of Claranet France, said: “The acquisition of Diademys is a real opportunity for Claranet to strengthen its leading position in the French hosting market. We now have nearly 400 employees in France, a turnover of €76 million, and one of the broadest hosting portfolios in the country.”

The value of the acquisition has not been disclosed.

@AntonySavvas