Polaris Invest and Com Holding have sold a significant minority stake in Cgates to Livonia Partners
Polaris Invest and Com Holding have sold a significant minority stake in Cgates to Livonia Partners. Financial details have not been disclosed.
Vilnius-based Cgates provides cable and digital television, fixed telephony and fiber-optic broadband internet to more than 270,000 subscribers in 18 cities.
Livonia Partners is an investment team based in the Baltics. The firm manages LHV Pension Funds (Estonian wealth management arm of the listed Estonian bank LHV) and Ambiend Sound Investments (investment firm of the founding engineers of Skype). The private equity investor will help to support Cgates' growth and to further network and technology upgrades.
Polaris Invest and Com Holding are the founding members of the Estonian cable-operator Starman Group, the previous owner of Cgates.
Oaklins' team in Estonia acted as the exclusive sell-side advisor to Polaris Invest and Com Holding.
Sprechen Sie mit dem Deal Team
Transaktionen
Thrive Freeze Dry has successfully sealed the acquisition deal with Paradiesfrucht GmbH
Paradiesfrucht GmbH, a gobal freeze dryer of fruits, fruit preparations, drops, powders and granulates, has been acquired by Thrive Freeze Dry (Thrive), a portfolio company of Entrepreneurial Equity Partners (e2p) and Mubadala Capital. The transaction is expected to close in 2024, subject to customary closing conditions, including antitrust approval.
Mehr erfahrenPerkbox has been acquired by Great Hill Partners
Molten Ventures has sold Perkbox to Great Hill Partners.
Mehr erfahrenArculus Cyber Security has been acquired by Bridewell
The shareholders of Arculus Cyber Security (Arculus) have sold the business to Bridewell. The deal will bolster Bridewell’s growing roster of accreditations as well as strengthen its public sector footprint, enabling the expansion of its end-to-end cyber security offering for clients across the globe.
Mehr erfahren