Goldman Sachs to acquire Melita from EQT.

Goldman Sachs, a financial services provider, agreed to acquire Melita, a telecommunications company, from EQT, a private equity firm. Financial terms were not disclosed. “Thanks to the support from EQT, the past 5 years have been transformational, enabling us to make substantial progress across all aspects of our business and becoming the first operator in the European Union to deploy both a nationwide Gigabit broadband network and a nationwide 5G network. Melita has done this sustainably: we are carbon neutral, are investing in solar farms to produce renewable energy and have replaced almost half our fleet with electric vehicles. This transaction reflects the achievements of our entire team and the loyalty of our customers. With Goldman Sachs Alternatives’ support and expertise, we are excited to continue our journey sustainably, investing in our infrastructure, enhancing our services in Malta and driving further innovation," Harald Roesch, Melita CEO.