Announced
Financials
Sources
Tags
Pending
Private
internet service provider
Internet
Spain
Majority
Private Equity
Cross Border
Acquisition
Friendly
Single Bidder
Synopsis
Ardian, a private equity investment company, agreed to acquire Adamo, a Spanish telecom provider, from EQT Partners, a global investment organization, €1bn. "We are proud to incorporate a partner like Ardian that brings a great experience in the sector, a deep knowledge of the market and a great sensitivity towards our contribution to society. Their support comes at a key moment to be able to continue driving Adamo's growth both organically and inorganically," Martin Czermin, Adamo CEO.
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