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Enterprise Cloud Infrastructure Platforms sector

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

1.1 - About Enterprise Cloud Infrastructure Platforms sector

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.

Offerings typically include IaaS virtual machines and GPU instances for AI and HPC, object and block storage with snapshotting, and virtual private cloud networking with edge services. Vendors provide hyperconverged infrastructure with integrated virtualization, plus Kubernetes orchestration and container registries to standardize deployment. Security is delivered through SSE platforms, DLP and CASB controls, and zero‑trust access, while observability spans infrastructure monitoring, network performance analytics, and enterprise-wide traffic visibility.

These companies serve enterprise IT and operations teams, cloud‑native software providers, and regulated institutions. Outcomes include higher reliability through real‑time observability, improved security and compliance via unified policies and SSE controls, accelerated application and AI deployment on standardized infrastructure, and cost optimization through rightsizing, automation, and hybrid placement of workloads across data centers and clouds.

2. Buyers in the Enterprise Cloud Infrastructure Platforms sector

2.1 Top strategic acquirers of Enterprise Cloud Infrastructure Platforms companies

IBM Logo

IBM

HQ: United States Website
  • Description: Provider of enterprise software, cloud services, hardware appliances, servers, storage and mainframe infrastructure, combining on-premises solutions, SaaS delivery, PaaS/IaaS cloud and lifecycle support to address organizations’ data, application and infrastructure needs across industries.
  • Key Products:
  • AI Agents and Assistants: Automate complex enterprise workflows by embedding intelligent agents that handle tasks, decisions and interactions, boosting efficiency while reducing manual effort
  • Hybrid Cloud Platform: Optimize IT and maximize ROI by running workloads where and when needed, unifying on-prem and cloud resources under a single managed environment
  • Data for AI: Centralize enterprise data to access, integrate, govern and secure information in one place, ensuring reliable, compliant datasets for AI development and analytics
  • IBM Consulting: Design, build and operate high-performing businesses through expert advisory, implementation and managed services that harness AI, automation and hybrid cloud capabilities.
  • Rationale: Provider of IBM Hybrid Cloud Platform enabling unified operations, Data for AI governance, and AI Agents and Assistants workflow automation.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
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2.2 - Strategic buyer groups for Enterprise Cloud Infrastructure Platforms sector

M&A buyer group 1: IaaS

17 companies View group →
Description: 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.
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 Infrastructure Platforms sector

3.1 - Buyout funds in the Enterprise Cloud Infrastructure Platforms sector

Buyout Funds investing in Enterprise Cloud Infrastructure Platforms companies

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

TPG

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

Growth Equity Funds in Enterprise Cloud Infrastructure Platforms companies

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

Summit Partners

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

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

Description: Companies in this trading comparables group deliver enterprise cloud platform services across infrastructure (IaaS), platform (PaaS), and application layers (SaaS), complemented by managed and professional services for migration, operations, security, and digital workplace. They share recurring and usage-based monetization, large-scale enterprise customers, and infrastructure-centric positioning. As valuation benchmarks, they represent scaled cloud platforms and integrators enabling digital transformation with comparable revenue mix and margin profiles.
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 Infrastructure 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 Infrastructure Platforms sector

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

Top strategic buyers in this sector include IBM, a provider of enterprise software, cloud services, hardware appliances, servers, storage and mainframe infrastructure, combining on-premises solutions, saas delivery, paas/iaas cloud and lifecycle support to address organizations’ data, application and infrastructure needs across industries. .

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

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

Financial Investors in Enterprise Cloud Infrastructure Platforms sector

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

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

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

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

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

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

Valuation of Companies in Enterprise Cloud Infrastructure Platforms sector

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

Similar trading comparable companies include Enterprise Cloud Platform Services Companies. Our platform tracks detailed trading comparable groups in the Enterprise Cloud Infrastructure 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 Infrastructure Platforms sector?

Our platform tracks M&A transactions in the Enterprise Cloud Infrastructure 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 Infrastructure Platforms?

Access recent funding rounds in the Enterprise Cloud Infrastructure 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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