Industri Kapital has acquired Eltel Networks
CapMan funds and Eltel Networks' management team have sold the company to Industri Kapital for US$250 million.
Industri Kapital will combine Eltel Networks with its portfolio company Swedia Networks to create a Northern European market leader within the installation and maintenance of infrastructure for electricity and telecommunications sector.
Eltel Networks is specialized in the design, construction and maintenance of electrical and telecommunications networks.
Oaklins' team in Finland advised the buyer in this transaction.
Talk to the deal team
Related deals
Triscan has joined APA and Riverarch to accelerate growth in the European aftermarket
Triscan AS, a leading provider of OE-quality automotive spare parts for the professional aftermarket in Europe, has been acquired by APA Industries, LLC, a portfolio company of Riverarch Equity Partners.
Learn moreTEAM Safety Services Limited has been acquired by Vadella Group
TEAM Safety Services Limited, a leading UK-based health, safety and fire safety consultancy, has been acquired by Vadella Group, a specialist provider of inspection-led compliance services for the built environment.
Learn more123.tv has been acquired by DVC Partners
123.tv, a digitally driven home and live shopping and e-commerce platform with a unique live auction format offered on its own TV channels and digital platforms, has been acquired by DVC Partners, a pan-European private equity firm.
Learn more