The Carlyle Group completed the investment in The Euro Techno Com Group, a one-stop shop value-added distributor of passive and active telecom equipment and supplies offering product design, sourcing and logistics solutions for cable and telecom operators for network deployment and maintenance in Europe and the United States. Financial terms were not disclosed. "Our Group is well positioned to capitalize on the huge growth in demand for data services and fibre broadband. Across all geographies, operators have started to upgrade existing networks and prepare or pursue long-term roll-out plans for fibre infrastructure and 5G. Over the past few years, the ETC Group has experienced sustained double-digit growth, driven by our customers’ network deployment, new customer wins and our rapid penetration of new countries. We have also expanded our range of products and technologies, technical expertise and breadth of services to establish ourselves as an organisation which delivers results for our customers – as this has always been our absolute priority. We look forward to working with the Carlyle team, who have valuable experience in our sector and internationalizing businesses," Cédric Varasteh, ETC Group Founder.