Blackstone completed its investment in Sipartech.

Blackstone completed its investment in Sipartech, a provider of telecom infrastructure solutions in France. Blackstone acquired its stake from growth equity investor Summit Partners, who invested in the business alongside Founder & CEO Julien Santina in 2016. Financial terms were not disclosed. “We expect France to be at the intersection of exponential growth in fiber connectivity needs in Europe over the coming years. Investing in Sipartech substantially augments our European digital infrastructure presence, and we are excited to support the Company’s ongoing remarkable growth in France and across continental Europe,” Thomas Senecal, Blackstone Tactical Opportunities.