TowerBrook Capital Partners-backed TXO Group completed the acquisition of TEQPORT.

TowerBrook Capital Partners-backed TXO Group, provider of end-to-end circular telecom network solutions, completed the acquisition of TEQPORT, a tech-enabled network service provider with asset recovery and decommissioning expertise. Financial terms were not disclosed. “Combining with TEQPORT in Germany and joining forces with Sebastian Neubeck and his leadership team show TXO is getting bigger, bolder and better as it prepares to take on 2024. We aim to become the premier circular economy services provider for the global telecoms industry. Alongside the acquisition of Lynx UK and several additions to our leadership team at the end of last year, this move shows that TXO is taking its vision for the circular economy in global telecoms up a gear,” Darren Pearce, TXO CEO.