Accueil
Opérations réalisées
Integr'IT
→
Comindesk

Mergers & Acquisitions · Completed deal · Buy-side advisory

Integr'IT acquires Comindesk: an IT, telecoms and cybersecurity offering scales up

How Groupe Integr'IT, the Paris-region provider of IT services, telecoms and digital transformation for SMEs, acquired Comindesk — the Sucy-en-Brie telecoms integrator and operator founded in 2013, a 3CX and Yeastar Gold partner with 170 active clients — the need, the approach, the stakes and the macroeconomic reading of the collection's first deal of 2026: a step change in scale in which the target's team and founder join the group, and every figure is published.

2013
year Comindesk was founded, in the Val-de-Marne
170
active clients joining the group's ecosystem
EUR 1.1m
published revenue for the target
2026
year of the acquisition
The acquirer

Groupe Integr'IT, the digital partner of SMEs

Founded in 2019 and based in Montrouge, in the Hauts-de-Seine, Groupe Integr'IT is a French company that supports SMEs and small industrial firms in their IT and digital projects, built around four core areas of expertise: IT, IP telephony, digital transformation and security. A privately held, people-sized company — after the deal the group has more than 20 employees, 13 of them dedicated to technical support — it covers installation, maintenance, support, consulting and solution development, from systems and network infrastructure to IP telephony, office equipment, cybersecurity and collaboration tools. Its published strategy is serial external growth — the managed-services division of CARM2I in 2022, the APS Informatique business in 2024 and now Comindesk — to accelerate its change of scale around an integrated vision of IT and telecoms services.

THE DIGITAL ENVIRONMENT WORKSTATIONS · NETWORKS · MOBILITY CONNECTIVITY · TELEPHONY · CLOUD · CYBER AUDIT · MANAGED SERVICES · TRAINING 170 ACTIVE CLIENTS HEALTHCARE · INDUSTRY · LEGAL · PUBLIC SECTOR
The target's core know-how: the digital environment handled end to end — from connectivity to cybersecurity
IT Groupe Integr'IT IT services, telecoms & digital transformation — Montrouge, Hauts-de-Seine (2019) groupeintegrit.fr
CD Comindesk Telecoms integrator & operator — Sucy-en-Brie, Val-de-Marne (2013) comindesk.fr
The seller

Comindesk, the everyday telecoms and cyber integrator for SMEs

Founded in 2013 and based in Sucy-en-Brie, in the Val-de-Marne, Comindesk is a telecoms integrator and operator that supports businesses across their digital environments — cybersecurity, connectivity, telephony, cloud, video conferencing, video surveillance and printing solutions, complemented by audit, managed services and training. Its figures are published and its profile documented: 170 active clients and 6 employees for revenue of around EUR 1.1 million, a portfolio spanning healthcare, industry, services, legal, education and the public sector, Gold partnerships with 3CX and Yeastar for telephony and unified communications, and cloud solutions built on managed VPS infrastructure hosted in France. Its transfer rests on named continuity: the group welcomes Comindesk's team and its founder, Marc Vidal — continuity presented as an essential part of the combination, preserving client knowledge, technical expertise and the firm's service culture.

What was at stake

Why this acquisition, and why this target

For Groupe Integr'IT, the goal is to scale up a model: becoming the go-to partner for SMEs and mid-sized companies in their digital transformation means covering an ever-wider scope — IT infrastructure, networks, telephony, cloud, cybersecurity, office equipment, managed services — and external growth is the published lever, from the CARM2I managed-services division to the APS Informatique business. With Comindesk, the group crosses a threshold of a different kind: it integrates a complete company — 170 active clients, a specialist team, a highly complementary offering — and opens immediate cross-selling opportunities, as each client portfolio can now access the combined group's broader range.

3CX & YEASTAR GOLD · VPS IN FRANCE THE FOUR CORE AREAS GROUPE INTEGR'IT · MONTROUGE TELECOMS & CYBER EXPERTISE COMINDESK · SUCY-EN-BRIE SMEs & MID-SIZED COMPANIES THE ENTIRE DIGITAL ENVIRONMENT
The strategic stake: bringing together two complementary portfolios — cross-selling as the engine of scale

On the target side, Comindesk brought together what the thesis was looking for, backed by published figures: a base of 170 active clients across six sectors — from healthcare to the public sector; the telecoms and cybersecurity depth that was missing — the 3CX and Yeastar Gold partnership for telephony and unified communications, protection solutions for environments and networks, managed VPS infrastructure hosted in France; and the end-to-end approach that defines the model: equip, secure, maintain and train, from infrastructure projects to day-to-day support. "Preserving client knowledge, technical expertise and service culture", states the acquirer's announcement: the team and the founder, Marc Vidal, join the group — continuity made an essential part of the combination, and the condition for the promised cross-selling.

The macroeconomic reading

Consolidation of local IT service providers, driven by cybersecurity

This deal illustrates the reshaping of the market for digital services to SMEs: an extraordinarily fragmented French landscape — thousands of integrators, local operators and people-sized managed-services firms — facing an equation that drives consolidation: clients want fewer suppliers and broader scope, cybersecurity weighs more and more in SMEs' and mid-sized companies' investment decisions, and the technical depth required — unified communications, sovereign cloud, network protection — exceeds what a team of a few people can cover alone. The service groups taking shape have understood this: external growth there is less about size than completeness — each acquisition adds expertise, a client portfolio, and the ability to serve every client across its entire digital environment.

The deal is domestic and set in the Paris region — from Montrouge to Sucy-en-Brie, two Greater Paris firms combine their offerings — and it proves a thesis dear to this collection: buy-and-build is not reserved for giants. A group of some twenty people is completing its third external growth deal in four years — a division in 2022, a business in 2024, a whole company in 2026, three successive acquisition formats — and is scaling up methodically, preserving at each step the teams and proximity that make its model. For owners of small IT service firms and telecoms integrators, often facing key decisions, the deal shows a succession route in which the team, the founder and the service culture carry on within a larger group.

MONTROUGE · HAUTS-DE-SEINE GROUPE INTEGR'IT · 2019 SUCY-EN-BRIE · VAL-DE-MARNE COMINDESK · 2013 PARIS 2026 ACQUISITION
A Paris-region consolidation: from Montrouge to Sucy-en-Brie, two Greater Paris firms combine their offerings
The adviser's role

Collaboration Capital's added value on this mandate

On this deal, Collaboration Capital acted as buy-side adviser — a role the acquirer's announcement itself describes: identifying the opportunity, strategic and financial analysis of the file, structuring the deal and supporting the negotiations. Four stages, set out here in the language of the sector.

I

A clear understanding of the mandate

Framing starts from the trade's channel: digital services to SMEs are won through referrals, proximity and day-to-day trust — the provider who answers, fixes and trains becomes the natural contact for every new need. For a group aiming to scale up around an integrated offering, the thesis pointed to a precise profile: not one more reseller, but an established integrator-operator with complementary expertise — telecoms, cybersecurity, cloud — a recurring client portfolio and a compatible service culture — the condition for two client bases to become a single ecosystem.

II

Sourcing and assessing targets

Assessing a telecoms and cyber integrator means weighing recurrence and technical depth: the installed base — 170 active clients, their spread across six sectors, the share of managed-services and operator contracts that recur every month; the partnerships that give access to technology — Gold status with 3CX and Yeastar, VPS capacity hosted in France; how well the offerings complement the acquirer's — what is added, without duplication; and the team: six specialist employees and a founder, the asset whose retention determines client knowledge and the cross-selling promise.

Off-market channel

Off-market sourcing

Collaboration Capital's technological edge lies in how it identifies targets: semantic clustering and machine-learning algorithms rather than sector and administrative classifications. Official activity codes put companies into boxes that cannot serve an acquirer's overall objective — they ignore the real business, the distribution model, the customer mix and the business model. Semantic analysis, by contrast, reads what companies actually do and maps those that match the acquisition thesis in every dimension, including — above all — those that are not for sale. The sector of this deal is a perfect example: classifications file telecoms integrators under wholesale of equipment — which is exactly what the target's registry entries say — whereas their reality is service, managed IT and cybersecurity: only semantic reading reveals the integrator-operator behind the wholesaler code.

On-market channel

On-market sourcing

The same infrastructure applies to the visible market: the technology extracts the acquisitions and disposals completed in the client's target sector — and, above all, identifies the dealmakers who led them: lawyers, auditors, lending banks and investment funds, assessing how specialised each one is in the sector concerned.

Collaboration Capital thus identifies the dealmakers who are genuinely active in the sector sought, finds their professional contact details — emails and phone numbers — and reaches out to present the client's acquisition project. This is how the on-market channel is fed: it gives the client access to the businesses for sale circulating on the market, at the moment they circulate, through the people who circulate them — a particularly active channel in digital services, one of the most consolidated sectors in the market, where small IT service firms change hands constantly.

Combined, these two channels raise the level of the sourcing game: Collaboration Capital's technology infrastructure becomes a genuine game changer for acquisition projects. It is designed for ambitious companies that want to build their external growth on this high-level infrastructure.

III

Direct approach and introductions

Approaching the founder of a local integrator means talking about a client base built one client at a time over more than a decade — and the project is judged by what it will do with that relationship. The pitch rested on the ecosystem logic since published: the team and the founder welcomed into the group, client knowledge, technical expertise and service culture preserved — continuity as an essential part of the combination — and the prospect offered: a broader range to propose to the 170 clients, cross-selling that turns two portfolios into one ecosystem, and for the team, the backing of a 13-person technical support function.

IV

Negotiation through to closing

Structuring — from strategic and financial analysis to support in the negotiations, the published scope of the mandate — focused due diligence on the assets of the model: the quality and recurrence of the portfolio — operator and managed-services contracts, their transferability, the sector spread that attests to its roots; technology partnerships and their continuation on change of control; compliance of commitments — from hosting in France to operator obligations; and the organisation of continuity: integrating the team and the founder into the group, designed so that client knowledge — a local integrator's primary asset — passes on together with the people who hold it.

The deal at a glance
Acquirer
Groupe Integr'IT — Montrouge, Hauts-de-Seine · founded 2019 · IT services, telecoms, digital transformation, security · >20 employees after the deal
Target
Comindesk — Sucy-en-Brie, Val-de-Marne · founded 2013 · telecoms integrator and operator
Target size
170 active clients · 6 employees · ≈ EUR 1.1m revenue (published in the announcement)
Continuity
the team and the founder, Marc Vidal, join the group · client knowledge, expertise and service culture preserved
Year
2026
Our role
Buy-side advisory — identification, analysis, structuring, negotiations (role described in the announcement)
Prendre rendez-vous
Un échange confidentiel de 30 minutes avec un associé — sans engagement.
Merci ! Votre demande a bien été reçue.
Une erreur est survenue lors de l'envoi. Merci de réessayer ou de nous écrire à assistance@collaborationcapital.org.
Lancez une recherche de cibles

Un premier échange de 30 minutes avec un associé pour cadrer votre thèse d'acquisition et définir le périmètre de recherche — sans engagement.

  • Reply within 24 business hours

  • Confidentiality guaranteed — NDA on request

  • IOBSP broker registered with ORIAS under no. 25000696

The information collected is used solely to process your meeting request. You have the right to access, correct and delete it — see our legal notice.

Thank you! Your request has been received.
Something went wrong while sending. Please try again or email us at assistance@collaborationcapital.org.