EQT Partners to acquire Melita from Apax Partners and Fortino Capital.

Private equity firm EQT Partners agreed to acquire Melita, a Maltese telecom operator, from Apax Partners and Fortino Capital. Financial terms were not disclosed. "EQT has been built on a passion for developing companies. We invest in good companies across the globe with the aim of turning them not only into great companies but also sustainable ones. This is exactly the formula we aim to apply to Melita, which is already an innovator in the Maltese market and beyond in terms of infrastructure, products and customer service. As a result, we are confident that the coming months and years will be exciting and rewarding both for Melita’s employees and for its customers," Ulrich Köllensperger, EQT Partner.