Announced
Completed
Financials
Tags
Completed
Portugal
Entertainment
Acquisition
Single Bidder
communications
Friendly
Private
Majority
Cross Border
Synopsis
Tofane Global, a communications solutions group enabling operators and digital players worldwide, completed the acquisition of NOS International Carrier Services, a subsidiary of NOS, a communications and entertainment group in Portugal. Financial terms were not disclosed. “Our pace completing the NOS ICS acquisition illustrates two key developments. First, our carve-out model is gaining traction, with our position in both global traffic and revenues continuing to rise and exceeding all expectations. Second, we can witness the performance and value-add our customers are achieving through the 18-month consolidation course of our acquisition journey – which in turn, further accelerates interest in our business model,” Alexandre Pébereau, Tofane Founder.
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