Announced
Completed
Financials
Sources
Tags
Acquisition
Friendly
Internet
Private
Single Bidder
fiber optics
Private Equity
France
Majority
Completed
Synopsis
InfraVia, an independent investment company, completed its acquisition of a majority stake in CELESTE, a provider of B2B internet service using dedicated fibre connections over its own network. Financial terms were not disclosed. "In 15 years, CELESTE has become a solid company, capable of competing with market leaders. With the entry of InfraVia into the capital, CELESTE aims to cross the milestone of €100m in revenue," Nicolas Aube, CELESTE President.
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