Announced
Completed
Financials
Tags
Acquisition
Telecommunications Equipment
fiber optics
Spain
Private Equity
Single Bidder
Cross Border
Minority
Private
Completed
Friendly
Synopsis
Morrison & Co, an infrastructure asset management firm, completed the acquisition of a 33.3% stake in Lyntia Networks, a Spanish fibre network operator, from Antin Infrastructure Partners, a private equity firm. Financial terms were not disclosed. “Lyntia has a solid market position and huge growth potential. We are excited to work with its management and co-shareholders, bringing our extensive sector experience to support the business to realise its full potential by building its network and service offering, while providing our clients with strong long-term returns," Vincent Gerritsen, Morrison & Co Partner and Head of UK and Europe.
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