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Announced

Completed

Equistone-backed WHP Telecoms completed the acquisition of Redhall Network Solutions from Enact Fund II.

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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telecommunications

Majority

Completed

Mobile

United Kingdom

Single Bidder

Private

Friendly

Acquisition

Private Equity

Domestic

Synopsis

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Equistone-backed WHP Telecoms, a provider of network support services to the wireless telecoms sector, completed its acquisition of Redhall Network Solutions, a telecommunications contractor, from Enact Fund II, a closed private equity fund. Financial terms were not disclosed. "The acquisition of Redhall Network Solutions represents another step in the group’s ability to deliver high-quality services to the telecoms industry. We continue to invest in skills, training and innovation and believe the combined strengths of the businesses will benefit our customers and help to deliver the ambitious programmes that underpin the UK’s communication networks," Rob Potter, WHP Telecoms CEO.

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