Announced

Waterland Private Equity to acquire Lebara Group.

Synopsis

Waterland Private Equity, an independent private equity investment group, agreed to acquire Lebara Group, a Mobile Virtual Network Operator providing high-quality telecommunications services to over four million customers across the UK, Netherlands, Germany, France, and Denmark. Financial terms were not disclosed. "We are thrilled to partner with Lebara and its talented management team. Lebara has built a strong brand and loyal customer base by providing high-quality mobile telecommunications services at competitive prices. We look forward to working closely with the management team to continue on Lebara’s growth journey together, leveraging our expertise in the telecommunications sector," Wendy McMillan, Waterland Private Equity Partner.

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