Deutsche Beteiligungs invested in STG Braunsberg Group.

Deutsche Beteiligungs, the oldest private equity company in Germany, invested in STG Braunsberg Group, a service provider for the telecommunications sector with a focus on the construction of fibre-optic networks. Financial terms were not disclosed. “With this transaction, our sector-focused investment strategy once again proves to be effective. Thanks to the sector expertise we have gained since 2013 with investments in the telecommunications sector, we know the growth drivers of the broadband market in general – and of STG’s business in particular – especially well.” Torsten Grede, Spokesman of DBAG’s Board of Management.