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New Deal


Announced

Completed

Equistone-backed WHP Telecoms completed the acquisition of Sitec Infrastructure Services.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Friendly

telecommunication services

Private

Single Bidder

fixed line network

Acquisition

Completed

United Kingdom

Telecommunications Services: Other

Private Equity

Synopsis

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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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