Apax Partners-backed Expereo completed the acquisition of Globalinternet from Global Telecom Services for $121m.

Apax Partners-backed Expereo, a provider of Internet, cloud access and SD-WAN solutions, completed the acquisition of Globalinternet, a provider of telecommunication services, from Global Telecom Services for $121m. “It is a natural and exciting move for both companies. The COVID-19 pandemic has accelerated digital transformation processes where enterprises are revisiting their networking strategies. Having Globalinternet and Expereo’s capabilities combined allows us to support both enterprise customers and managed service provider (MSP) partners efficiently and at scale, benefiting from enhanced internet and cloud access services and a single best-in-class leading digital customer experience,” Irwin Fouwels, Expereo CEO.