Selectel has acquired a 100% stake in M1Cloud, a service provider specializing in private cloud solutions. The transaction value is capped at 2.6 ₽ billion. M1Cloud operates through partner data centers in Moscow and serves over 170 medium and large enterprise clients. The company expects its annual revenue for 2026 to reach 1.5 ₽ billion.
This acquisition follows Selectel's purchase of the cloud provider Servers.ru in late 2024 for a maximum of 3.1 ₽ billion. Selectel CEO Oleg Lyubimov noted that the deal strengthens the company's position in the private cloud segment and complements its existing technical expertise.
Selectel reported strong financial results for 2025, with total revenue reaching 18.3 ₽ billion, a 39% year-over-year increase. The company's adjusted EBITDA for the same period was 9.7 ₽ billion, with a margin of 53%. Net profit for 2025 amounted to 3 ₽ billion.
For the first half of 2026, Selectel recorded revenue of 10.2 ₽ billion, reflecting a 14% growth compared to the previous year. The company's adjusted EBITDA for this period was 5.4 ₽ billion. As of the end of June 2026, Selectel's client base grew to 44,500, while its net debt to adjusted EBITDA ratio stood at 2.1.
