Partners Group to acquire a 75% stake in EOLO from Searchlight Capital Partners for $1.06bn.

Partners Group, a private equity firm, agreed to acquire a 75% stake in EOLO, a broadband and wireless communications group, from Searchlight Capital Partners, a private equity firm, for $1.06bn. Under the terms of the accord, Partners Group will buy the EOLO shares owned by main owner Searchlight Capital Partners and part of the shares held by EOLO Chairman and founder Luca Spada.