Syntagma Capital to acquire LAN/data center and Telecom/Fibre divisions from Nexans.

Syntagma Capital, a private equity firm, agreed to acquire LAN/data center and Telecom/Fibre divisions from Nexans, a company in the cable and optical fiber industry. Financial terms are not disclosed. “We are pleased to partner with management to continue to grow the business. Providing the backbone for data management is an exciting prospect. Despite a challenging M&A market, we are continuing to find attractive opportunities to invest our capital while providing sellers with divestiture solutions for complex carve outs where speed and certainty are of the essence. This transaction represents our most recent carve out and reflects Syntagma’s strategy to acquire businesses that will benefit from a new owner to drive the next area of growth," Sebastien Kiekert Le Moult, Syntagma Managing Partner.