M&A Advisory · TMT EMEA • 5G Infrastructure · €800M+ • Capital Raising · Growth Equity • Due Diligence · 90+ Engagements • Post-Merger Integration • Telecom · SaaS · Fintech · Media • Casablanca, Morocco M&A Advisory · TMT EMEA • 5G Infrastructure · €800M+ • Capital Raising · Growth Equity • Due Diligence · 90+ Engagements • Post-Merger Integration • Telecom · SaaS · Fintech · Media • Casablanca, Morocco
TMT Specialists · Casablanca · International

The Investment Bank for TMT Innovators.

Deep sector expertise in Telecom, Media & Technology. 20+ years of delivering transformative M&A, capital raising, and restructuring solutions.

✓ 90+ TMT missions delivered ✓ Independent Advisory · Capital Independence
5G/4G/TETRA Satellite LEO/GEO Fiber Networks Enterprise SaaS Cloud Infrastructure AI/ML
0
Transactions
20
Years Experience
17+
Countries Covered
100%
TMT Focus

Our Services

01

M&A Advisory

Buy-side and sell-side advisory for strategic acquisitions and divestitures. TMT-focused carve-out expertise and deal structuring.

02

Capital Raising

Private equity, venture capital, and debt financing solutions. Direct investor relationships and optimal capital structure design.

03

Restructuring

Turnaround strategies, refinancing solutions, and operational optimization. Maximizing value through strategic repositioning.

04

Due Diligence

Financial, commercial, and technical due diligence. In-depth market analysis and risk assessment for informed decisions.

05

Post-Merger Integration

Integration planning, synergy realization, and value creation. Execution support through critical post-deal phases.

06

TMT Observatory

Real-time market intelligence, deal flow tracking, and sector trends. Strategic insights for informed deal decision-making.

Proprietary Frameworks

Deal Navigator™

End-to-end transaction management framework covering origination, structuring, execution, and post-merger integration. Developed over 90+ TMT engagements across 17 countries.

Capital Compass™

Investor matching and capital raising methodology leveraging our network of 200+ institutional investors, PE funds, and infrastructure capital providers across EMEA and Africa.

Valuation Matrix™

Multi-method TMT valuation approach combining DCF, comparable transactions, regulatory asset base (RAB), and sector-specific multiples. Calibrated against McKinsey Valuation principles and The Blue Line Imperative (Kaiser & Young).

Why Choose EXXING?

Independent Advisory

No conflicts of interest. Our only allegiance is to our clients' success. We structure deals that work, not deals that maximize our fees.

Senior Involvement

Principals on every engagement. You work directly with senior partners, not junior analysts. Deep accountability from day one.

100% TMT Focus

90+ missions delivered. Proprietary market intelligence via TMT Strategist Observatory. Two decades of concentrated sector expertise across all TMT sub-sectors.

Operational DNA

We don't just advise. We execute. From strategy to deal close to post-merger integration, we have hands-on operating experience.

Deep Sector Expertise

20+ years of hands-on TMT experience across EMEA & Africa. We understand the economics, regulation, and competitive dynamics of every subsector we advise on.

Capital Independence

Unburdened by PE agendas or proprietary capital. No conflicts of interest. We align exclusively with your strategic and financial objectives.

TMT Deal Activity — Sector Breakdown

Based on 2,664 transactions tracked by TMT Strategist Observatory

Top Sectors by Deal Count Software & IT 614 Internet & Web 155 Cloud & SaaS 139 Telecom 200 Data & Analytics 92 AI & ML 88 Cybersecurity 125 Gaming 72 Fintech 81 Data Centers 28
$10.7T
Total Deal Value Tracked
2,664
Transactions Monitored
340+
Sub-Sectors Covered
51
Countries Tracked

Source: TMT Strategist Observatory — Data as of March 14, 2026

TMT Sectors We Serve

5G & Networks

SaaS & Cloud

Payments & Fintech

BPO & Offshoring

Smart Cities

IT & AI

Towers & Fiber

Media & Content

Representative Transactions

Selected engagements by EXXING and its Managing Director — including pre-EXXING mandates (Sema Group, Siticom, Accenture)

2008
Groupo Aire
Due Diligence

Wholesale operator assessment and valuation support for strategic transaction.

€150M - €250M
2009
INWI
M&A Advisory

Build & strategy advisory for telecom operator launch and market entry.

€800M - €1Bn
2012
Intelcia
M&A Advisory

Vendor due diligence and M&A lead role for multinational BPO acquisition.

€200M - €300M
2019
Level 4 Networks
Advisory

FiberCo advisory for fiber network deployment and infrastructure optimization.

€30M - €50M
1996
SNCF-TD/Cegetel
Valuation

Fiber network valuation and strategic infrastructure assessment.

€50M - €100M
2003
ONA Maroc
Strategic Advisory

Telecom strategy and market positioning for conglomerate expansion.

€100M - €200M
2005
WANA/inwi
M&A Advisory

Telecom operator launch and multi-year growth strategy execution.

€800M+
2023
BUTEC/ENGIE
M&A Integration

Post-merger integration and organizational restructuring for energy services.

1,500 employees
2021
Tunisie Telecom
Valuation

Tower portfolio valuation and infrastructure assessment.

Strategic
View All Transactions →

Clients Served — Directly or Indirectly

inwi (WANA)
SADV / OCP
LEVEL4
Intelcia
CDC France
World Bank
ANRT
ARCEP
Tunisie Telecom
NOV8
ENGIE
TMSA
ARTCI
Ignite Power

References by EXXING and its Managing Director — confidential mandates not listed

EXXING Investment Banking

Founded in 2013, EXXING draws on its Managing Director's 20+ years of TMT experience to partner with telecom operators, media companies, technology platforms, and infrastructure investors — identifying opportunities, navigating complexity, and realizing strategic value.

Headquartered in Casablanca, EXXING combines deep MENA and Africa market expertise with European analytical rigor — a rare combination in boutique TMT advisory.

90+
Missions Delivered
20+
Years Specialized
17+
Countries Covered
100%
TMT Focused

Latest Insights

M&A TRENDS

The Evolution of Telecom M&A in EMEA

March 2026 · 8 min read

Exploring consolidation patterns, 5G infrastructure investments, and the emergence of fiber-as-an-asset strategies across European and African markets.

Read Article →
CAPITAL MARKETS

Raising Capital in the AI Era

March 2026 · 10 min read

How TMT companies are positioning themselves for capital raises in 2026. What investors look for. Sector tailwinds and structural challenges.

Read Article →
SECTOR ANALYSIS

Fintech in Africa: Regulatory Landscape & Deal Dynamics

February 2026 · 12 min read

A comprehensive review of fintech M&A activity, regulatory frameworks, and transaction structures across African markets and implications for cross-border deals.

Read Article →

Advisory Network

Selected co-advisory partners and collaborators — confidential mandates not listed

Mazars
Analysys Mason
Tactis
TMT Strategist

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Casablanca — Headquarters

EXXING Investment Banking
Greenwork B4
91 Route de Bouskoura
Casablanca 20000, Morocco

T: +212 6 47 00 00 07

T: +33 7 67 29 14 61

E: eric.pradel@exxing.group