CVC to acquire a 88% stake in Celeste from Infravia.

CVC, a global mid-market infrastructure equity fund manager, agreed to acquire a 88% stake in Celeste, a French B2B digital infrastructure operator, from Infravia, a private equity firm. Financial terms were not disclosed. This investment will enable Celeste to further deploy its integrated, end-to-end offering in a market where demand for fibre connectivity, data usage and cybersecurity solutions is expected to grow significantly over the coming years.