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New Deal


Announced

Completed

Circet completed the acquisition of Tele Media.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Germany

civil engineering

telecommunications networks

Telecommunications infrastructure

Acquisition

Majority

Private

Cross Border

Completed

Friendly

Single Bidder

Synopsis

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Circet, a provider of telecom infrastructure services in Europe, completed the acquisition of Tele Media, a family-owned telco-focused civil engineering company in Germany. Financial terms were not disclosed. “The addition of Tele Media provides Circet Deutschland with enhanced technical capabilities in the dynamic German FTTH construction and maintenance markets. It also strengthens our national footprint with a strong position in Northern and Eastern Germany. We are very excited to welcome Ronny and Tim Krolik as well as all Tele Media employees to drive additional value to our customers and complement our turnkey services offering," Michael Hegemann, Circet Deutschland CEO.

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