Valuation Trading Multiples & Precedent Transactions: Cloud Infrastructure and Managed Services Companies
Valuation benchmarks for Cloud Infrastructure and Managed Services Companies. Access public trading comps, EV/EBITDA acquisition multiples, and private market data for pitch books and valuation analysis.
1.1 - Cloud Infrastructure and Managed Services Companies Market Context & Valuation Drivers
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.
Typical offerings include elastic compute instances and GPU clouds for AI and HPC, managed Kubernetes and container orchestration, object and block storage, databases and serverless services, content delivery networks and edge security, identity and threat protection, domain registration and web hosting, and end‑to‑end cloud migration, managed operations, and workplace services. Many also provide colocation, technology sourcing, and advisory services that integrate infrastructure, applications, and security with enterprise architectures.
Primary customers include enterprise IT and digital businesses, SMB developers and startups, and public sector organizations modernizing workloads. Valuation benchmarks center on ARR and consumption growth, gross margin mix between infrastructure and services, utilization and capacity efficiency, net revenue retention and churn, contract duration and backlog, and operating leverage from managed services and platform subscriptions that drive predictable cash flow and scale.
2. Valuation Analysis: Public Trading Comps & Multiples for Cloud Infrastructure and Managed Services Companies companies
2.1 - Public Peer Groups & Median Valuation Multiples for Cloud Infrastructure and Managed Services Companies sector
Comparable group 1: Cloud Infrastructure and Managed Services Companies
Cancom
- Enterprise value: $●●●m
- Market Cap: $●●●m
- EV/Revenue: ●.●x
- EV/EBITDA: ●●.●x
- Description: Provider of IT infrastructure and digital business services, including cloud solutions, managed services, digital workplace, network security, and consulting, supporting companies, organizations, and public sectors in digital transformation and IT lifecycle management.
- Key Products:
- Cloud Solutions: Provides cloud-based IT solutions including migration and managed cloud services
- Digital Workplace: Offers tools and services to support remote and hybrid work environments
- Network Security: Delivers comprehensive security solutions including managed security services
- IT Consulting: Provides strategic consulting services for IT infrastructure and digital transformation
- Managed Services: Offers end-to-end managed IT services including support and maintenance.
Infosys
- Enterprise value: $●●●m
- Market Cap: $●●●m
- EV/Revenue: ●.●x
- EV/EBITDA: ●●.●x
- Description: Provider of consulting, technology, outsourcing, and next-generation digital services, enabling clients globally to execute digital transformation strategies with services in AI, automation, analytics, engineering, and Internet of Things.
- Key Products:
- Infosys Cobalt: Cloud services and solutions for seamless cloud adoption and management
- Applied AI: Artificial intelligence solutions for business automation and insights
- Digital Workplace Services: Tools and services to enhance employee productivity and collaboration
- Cybersecurity: Comprehensive security solutions to protect digital assets
- Blockchain Services: Advanced blockchain solutions for secure transactions and operations.