Entegro Group announces European expansion with France-based KYNTUS Group
Irish-owned Entegro Group Holdings Ltd (www.entegro.com) has announced that KYNTUS Group, one of the French leaders in the telecommunications network infrastructure services sector, has acquired a majority stake in the growing firm.
Entegro Groups Holdings Limited employs over 300 people and its projected revenues in 2025 are expected to exceed €50m. It specialises in the telecommunications network infrastructure sector. Its highly skilled workforce is world-renowned for designing, deployment and consolidation of optical fibre networks.
The new partnership adds incremental resources and additional expertise from KYNTUS Group to the mix and augurs well for Entegro’s global expansion plans and diversification into the power and renewables sectors.
Entegro Group provides its services from offices in Kilkenny and Dubin and serves multiple clients in Ireland, the UK and the USA. The company, which has continually grown since its foundation in 2019, provides turnkey services for the design, installation and maintenance of fibre optical networks for building network capacity and enabling a digital society. Entegro has partner relationships with top-calibre clients, generating repeat business and a significant contracted project pipeline.
KYNTUS Group, head-quartered in Vélizy-Villacoublay, France, was set up in 2018 and has established itself as one of the leaders in its segment in the French market, whilst expanding as part of its international strategy launched in 2021. With this acquisition, the KYNTUS Group achieves a new milestone in its international development focused on diversification, capability and capacity-building into new and adjacent markets.
Fintan Shortall, Chairman at Entegro, said: “We are really excited about this partnership with KYNTUS, and the opportunities it will bring to Entegro’s future growth and expanding client services.”
Jim Doyle, CEO at Entegro, said: “KYNTUS is an ideal partner and is aligned with our ambition. They trust and believe in our capabilities and continued growth. We look forward to working with our management and wider teams on the next phase of our journey.”
Fabrice de Seze, CEO of KYNTUS Group, said: “Entegro has a strong international business with an experienced team and a client-focused culture. We look forward to working with them as we begin an exciting new phase in our shared journey and our continued expansion, diversification, as well as further job creation and new opportunities.”
The partnership deal was brokered over several months with support from Clearwater International.
Ends
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About Entegro
Entegro, head-quartered in Kilkenny, Ireland was set up in 2019 through the combination of two companies servicing fixed telecommunications network infrastructure. Entegro primarily operates in the design and deployment of optical fibre networks in Ireland and the United Kingdom. It has also developed a network engineering activity in the United States of America. Its projected revenues in 2025 are expected to exceed €50m.
About KYNTUS Group
KYNTUS Group, head-quartered in Vélizy-Villacoublay, France was set up in 2018 through the combination of four medium-sized players intervening in the segments of services to telecommunication operators and to digital infrastructure operators. The Group managed to establish itself in the course of a few years as one of the market leaders in France, achieving very high essentially organic top line growth. The Group operates primarily in the French market, in the segments of very high speed network deployment and connections and after-sale services to end-customers of fixed telecommunications operators. The Group also develops services to mobile telecommunications infrastructure and to electricity network infrastructure. The Group entered the German market by setting up its own subsidiary in 2021.