Iliad SA (ENXTPA:ILD) acquired 75% stake in Jaguar Network SAS from Naxicap Partners for approximately €100 million on January 18, 2019. Following the acquisition, Kevin Polizzi, Jaguar Network’s Founder has retained a 25% stake in Jaguar Network. Iliad purchased its 75% stake in Jaguar Network based on a multiple of 10.6x EBITDA. Kevin Polizzi, Jaguar Network’s Founder remains the Jaguar Network’s Chief Executive Officer. Iliad SA (ENXTPA:ILD) completed the acquisition of 75% stake in Jaguar Network SAS from Naxicap Partners on January 18, 2019. Jaguar has a turnover of €42 million. Arash Attar-Rezvani, Patrick Dupuis, Pierre-Hadrien Darriet, Philippe Desprès, Nicolas Etcheparre, Carine Louyot, Thomas Perrotn, Frédéric Depoortere, Stéphane Dionnet and Jiwon Choi of Skadden, Arps, Slate, Meagher & Flom LLP, whereas Edouard Mouveaux, Jérôme Talleux and Pauline Delaflotte of Cabinet Fidal acted as legal advisors to Iliad SA. Cédric Sapède of Lamartine Conseil, while Patrick Tardivy, Lara Donnedieu de Vabres, Lionel Simonet, Emmanuel Bénard, Chek-Lhy Luu, Charles Briand and Margot Janot of Orrick, Herrington & Sutcliffe LLP acted as legal advisors to Naxicap Partners. Jean-David Sultan of 3S Finance acted as financial advisor to Naxicap Partners. Patrick Tardivy of Orrick, Herrington & Sutcliffe LLP acted as legal advisor to Jaguar Network.