Eight Advisory supports OVHcloud in its IPO

15 October 2021

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Eight Advisory congratulates OVHcloud in its IPO.

Eight Advisory has accompanied the leading European cloud provider in this significant step of its development.

OVHcloud is the leading European cloud provider serving 1.6 million clients, including corporates moving to the cloud, digital native companies and public sector entities, in over 140 countries across the world, with a comprehensive suite of cloud solutions.
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.
OVHcloud has a proven track record of strong, sustained and profitable growth, with revenues growing at a compound annual rate of over 20% in the last 10 fiscal years. In FY2020, OVHcloud revenues were €632 million, adjusted EBITDA was €263 million.
OVHcloud completed its initial public offering (“IPO”) on Euronext Paris in order to accelerate its growth trajectory and consolidate its position as European leader, while continuing its international expansion, notably in North America and Asia.

Eight Advisory acted as an independent financial advisor and partner from the early stages of the process to the preparation of the financial documentation required for the IPO – business plan, prospectus, financial and ESG performance indicators.

Eight Advisory Transaction Services team was composed of Florent Garnier (Partner), Baptiste Piasentin (Senior Manager) and Nicolas Hangard (Manager).

Eight Advisory Capital Markets & Deal Accounting team was composed of Myriam Montillot (Partner) and Alexandre Courtois (Director).

Eight Advisory Data & Digital team was composed of Frédéric Blache (Partner), Wazir Adam (Senior Manager) and Martin Le (Manager).