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Announced

Completed

Antin-backed Wildstone completed the acquisition of Grupo Redext from GMT Communications Partners.

Synopsis

Antin-backed Wildstone, an owner of outdoor media infrastructure, completed the acquisition of Grupo Redext, a network of large-format advertising billboards around larger cities in Spain, from GMT Communications Partners, a private equity firm. Financial terms were not disclosed. "Spain represents an important strategic expansion opportunity for Wildstone. The Spanish out-of-home sector has shown exceptionally strong recovery following COVID and the market has the right dynamics for Wildstone’s continued rapid growth," Damian Cox, Wildstone Founder and CEO.

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