Smile Acquires Alter Way from Econocom

October 12, 2021

Smile Group has acquired 100% of the majority stake in Alter Way from Econocom, consolidating the companies' open-source, cloud and managed-services capabilities. The transaction is supported by Smile shareholders Keensight Capital and Eurazeo and strengthens Smile's infrastructure, DevOps and cloud consulting offerings across Europe.

Buyers
Smile Group, Keensight Capital, Eurazeo
Targets
Alter Way
Sellers
Econocom
Industry
IT Services
Location
France
Transaction Type
Buyout

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