Announced
Completed
Financials
Sources
Tags
Majority
Friendly
telecommunication services
Private
Single Bidder
fixed line network
Acquisition
Completed
United Kingdom
Telecommunications Services: Other
Private Equity
Synopsis
Equistone-backed WHP Telecoms, a wireless telecommunications services business, completed the acquisition of Sitec Infrastructure Services, a project management company providing end-to-end solutions for the UK’s mobile and fixed line network operators. Financial terms were not disclosed. "Sitec is an excellent fit for WHP Telecoms, both in terms of our culture and the skillset that the team will bring to the company. The acquisition is consistent with our appetite to lead consolidation in the sector and continue to strengthen our services and breadth of offering," Rob Potter, WHP CEO.
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