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Enterprise Cloud IaaS Platforms sector

Strategic acquirers, private equity (buyout funds and growth funds) firms, and valuation benchmarks for Enterprise Cloud IaaS Platforms

1.1 - About Enterprise Cloud IaaS Platforms sector

Companies in the Enterprise Cloud IaaS Platforms category deliver on-demand compute, storage, and networking infrastructure that customers use to build, run, and scale applications globally. These providers abstract physical data centers into APIs and self-service consoles, enabling elastic capacity, high availability, and pay‑as‑you‑go economics. The category helps organizations replace capital-intensive hardware with flexible cloud resources while maintaining security, performance, and geographic reach.

Offerings typically include virtual machines for general workloads, GPU instances for AI training, and bare‑metal options for performance‑sensitive applications. Providers deliver object, block, and file storage and implement virtual networking with VPCs, load balancers, and firewalls, plus autoscaling to match demand. Many support container orchestration via managed Kubernetes, along with identity and access management, observability and logging, backup and disaster recovery, and global content delivery to accelerate web and API performance.

Primary customers include enterprise IT teams modernizing data center capacity, digital‑native startups building SaaS and consumer applications, and public sector organizations migrating workloads. Outcomes typically include faster deployment cycles, elastic scalability without new hardware, improved reliability through multi‑zone architectures, and cost optimization via usage‑based pricing. These platforms also support compliance requirements and global expansion by offering regional footprints and standardized security controls.

2. Buyers in the Enterprise Cloud IaaS Platforms sector

2.1 Top strategic acquirers of Enterprise Cloud IaaS Platforms companies

DigitalOcean Logo

DigitalOcean

HQ: United States Website
  • Description: Provider of cloud infrastructure services that empower developers to deploy, manage, and scale applications through easy-to-use virtual machines, managed Kubernetes, PaaS, databases, storage, and serverless tools with transparent pricing and a developer-friendly experience.
  • Key Products:
  • AMD Instinct MI300X GPU Droplets: Virtual machines powered by AMD Instinct MI300X GPUs integrate high-performance AI compute engines, letting users run demanding AI workloads at scale on DigitalOcean cloud
  • Scalable Cloud Servers: Simple, secure virtual servers that developers can provision quickly to deploy applications, scale resources on demand, and minimize infrastructure maintenance overhead
  • Fully Managed Cloud Hosting: End-to-end hosting platform combining simplicity, security, community and responsive support so startups can launch digital products without complex server administration
  • Managed Database Migration Paths: Step-by-step playbooks and risk-free plans for moving PostgreSQL
  • MySQL
  • MongoDB
  • OpenSearch
  • Valkey and Kafka databases from on-premise or self-hosted environments to DigitalOcean’s fully managed cloud service.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
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2.2 - Strategic buyer groups for Enterprise Cloud IaaS Platforms sector

M&A buyer group 1: Cloud Infrastructure

62 companies View group →
Description: Companies in the Enterprise Cloud Infrastructure Platforms category deliver the foundational compute, storage, networking, security, and management layers that run modern enterprise workloads. They enable public, private, and hybrid deployments, unify operations across data centers and clouds, and support AI at scale with high-performance GPU resources. Customers gain resilient, compliant infrastructure, centralized control, and elastic capacity to modernize applications and optimize cost and performance.
Dell Technologies

Dell Technologies

Website HQ: United States
  • Type: N/A
  • Employees: ●●●●●
  • Description: Provider of technology products, solutions and customer-support services, enabling users to organize Dell devices, track service requests, check and extend warranty coverage, download drivers, run diagnostics and access other product-specific assistance through its My Products and Services portal and related support tools.
  • Key Products:
  • My Products and Services: Web portal that lets customers register and organize Dell devices, view service requests, check warranty status, and access product-specific support in one dashboard
  • Support Services & Warranty: Online service enabling users to review current warranty terms, purchase or extend coverage, and receive authorized repair or replacement options for Dell hardware
  • Drivers & Downloads: Repository where customers can identify their device, download the latest certified drivers, firmware and software updates, ensuring optimal performance and compatibility
  • PC Diagnostics: Cloud-based test suite that runs hardware diagnostics on Dell systems, detects issues, and provides troubleshooting steps or repair recommendations to resolve performance problems.
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Buyer group 2: ████████ ████████

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Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms in Enterprise Cloud IaaS Platforms sector

3.1 - Buyout funds in the Enterprise Cloud IaaS Platforms sector

Buyout Funds investing in Enterprise Cloud IaaS Platforms companies

51+ funds
Description: Buyout funds focused on Enterprise Cloud IaaS Platforms companies globally.

TPG

Website HQ: United States
  • Type: Buyout
  • Fund Size: $●●●m
  • Investment Range: $●●-●●●m
  • Focus: Technology companies in Enterprise Cloud IaaS Platforms
  • Relevant M&A transactions / similar portfolio companies:
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2.2 - Strategic buyer groups for Enterprise Cloud IaaS Platforms sector

Growth Equity Funds in Enterprise Cloud IaaS Platforms companies

41+ funds
Description: Growth equity funds focused on Enterprise Cloud IaaS Platforms companies globally.

Summit Partners

Website HQ: United States
  • Type: Growth
  • Fund Size: $●●●m
  • Investment Range: $●●-●●●m
  • Focus: High-growth companies in Enterprise Cloud IaaS Platforms
  • Relevant investments / similar portfolio companies:
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4 - Top valuation comps for Enterprise Cloud IaaS Platforms companies

4.2 - Public trading comparable groups for Enterprise Cloud IaaS Platforms sector

Description: Public companies in this group deliver cloud infrastructure and managed services that power enterprise and internet-scale workloads. Business models span IaaS/PaaS platforms, edge delivery and security, web hosting and domains, and outsourced cloud operations. They are comparable because revenue is predominantly recurring and consumption-based, tied to compute, storage, and network utilization, managed service contracts, and software subscriptions supporting digital transformation and workload modernization.
Microsoft logo

Microsoft

  • Enterprise value: $●●●m
  • Market Cap: $●●●m
  • EV/Revenue: ●.●x
  • EV/EBITDA: ●●.●x
  • Description: Provider of software, services, devices, and solutions including operating systems, productivity software, enterprise applications, server products, cloud services, and gaming systems to enhance productivity, facilitate communication, and enable digital transformation for personal and business use.
  • Key Products:
  • Windows: Operating system for personal computers and workstations
  • Office 365: Subscription-based productivity suite including Word, Excel, PowerPoint, and Outlook
  • Azure: Cloud computing platform offering virtual machines, databases, and storage solutions
  • Xbox: Gaming console with access to various video games and entertainment content
  • Dynamics 365: Enterprise resource planning and customer relationship management applications.
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Revenue growth
Median
15.7%
2025E
16.0%
2026E
EBITDA margin
Median
28.2%
2025E
28.6%
2026E
Cash EBITDA margin
Median
27.6%
2025E
28.0%
2026E
EV/Revenue
Median
8.4x
2025E
6.8x
2026E
EV/EBITDA
Median
28.9x
2025E
24.4x
2026E
EV/Cash EBITDA
Median
29.0x
2025E
25.5x
2026E
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4.3 - M&A Transactions in the Enterprise Cloud IaaS Platforms sector

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

Buyers & Acquirers in Enterprise Cloud IaaS Platforms sector

Who are the top strategic acquirers of Enterprise Cloud IaaS Platforms companies?

Top strategic buyers in this sector include DigitalOcean, a provider of cloud infrastructure services that empower developers to deploy, manage, and scale applications through easy-to-use virtual machines, managed kubernetes, paas, databases, storage, and serverless tools with transparent pricing and a developer-friendly experience. .

Which buyer groups are most relevant for Enterprise Cloud IaaS Platforms companies?

Relevant strategic buyer groups similar to the Enterprise Cloud IaaS Platforms sector include Cloud Infrastructure because they share similar customer segments and product capabilities.

Financial Investors in Enterprise Cloud IaaS Platforms sector

Which are the top PE firms investing in Enterprise Cloud IaaS Platforms companies?

Potential investors in the broader Enterprise Cloud IaaS Platforms space include Summit Partners and TPG.

Who are the top buyout funds acquiring Enterprise Cloud IaaS Platforms companies?

Active PE funds and buyout funds acquiring companies in the Enterprise Cloud IaaS Platforms space include TPG.

Who are the top growth equity funds investing in Enterprise Cloud IaaS Platforms companies?

Growth funds investing in the broader Enterprise Cloud IaaS Platforms sector include Summit Partners.

Valuation of Companies in Enterprise Cloud IaaS Platforms sector

Which are the key public companies that are relevant trading comps for Enterprise Cloud IaaS Platforms companies?

Key trading comparable groups include Microsoft, a provider of software, services, devices, and solutions including operating systems, productivity software, enterprise applications, server products, cloud services, and gaming systems to enhance productivity, facilitate communication, and enable digital transformation for personal and business use..

Which are the key trading comparable groups for Enterprise Cloud IaaS Platforms companies?

Similar trading comparable companies include Cloud Infrastructure and Managed Services Companies. Our platform tracks detailed trading comparable groups in the Enterprise Cloud IaaS Platforms sector with complete valuation multiples, growth metrics, and profitability data. Access the full database to benchmark your company against relevant public comparables.

What are recent M&A transactions in the Enterprise Cloud IaaS Platforms sector?

Our platform tracks M&A transactions in the Enterprise Cloud IaaS Platforms sector with complete deal terms, valuation multiples, and strategic rationale. Access the full database to benchmark pricing and identify active acquirers.

What are recent capital raises and funding rounds in Enterprise Cloud IaaS Platforms?

Access recent funding rounds in the Enterprise Cloud IaaS Platforms sector including growth equity, venture capital, and buyout investments. Our database includes round size, lead investors, valuations, and use of proceeds.

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