Please enable JavaScript in your web browser settings, under the site permissions section to unlock full site functionality. Click here for help.

Article Image - Orrick Advises Shareholders in Sale of Slovakian Telecoms Provider Benestra

Posted 26th May 2016

Orrick Advises Shareholders in Sale of Slovakian Telecoms Provider Benestra

Orrick has advised a consortium of international private equity firms, including Bessemer Venture Partners, Columbia Capital, HarbourVest Partners, Innova Capital, MC Partners and Oak Investment Partners, in the sale of Slovakian telecommunications provider Benestra to leading private equity house S

Scroll to keep reading

Orrick Advises Shareholders in Sale of Slovakian Telecoms Provider Benestra

Orrick Advises Shareholders in Sale of Slovakian Telecoms Provider Benestra  

Orrick has advised a consortium of international private equity firms, including Bessemer Venture Partners, Columbia Capital, HarbourVest Partners, Innova Capital, MC Partners and Oak Investment Partners, in the sale of Slovakian telecommunications provider Benestra to leading private equity house Sandberg Capital. The transaction remains subject to regulatory approvals.

Lead partner Shawn Atkinson has been advising members of the consortium of investors since they first acquired the assets of telecommunications service provider GTS Central Europe in 2007. Following over six years of investing in GTS’s growth and building the company into one of the leading telecoms providers in Central Europe, Mr. Atkinson advised the consortium of investors on the sale of GTS to Deutsche Telekom for €546 million in 2014. That sale excluded GTS Slovakia, which was retained by the investors and renamed Benestra. The sale of Benestra is the culmination of nine years of deal activity relating to GTS and its assets.

Benestra’s service portfolio includes voice and data communication solutions, internet connectivity solutions, data centers, and hosting services on both physical and virtual cloud platforms.

The London-based Orrick team advising the investors was led by Shawn Atkinson and included Emma Raleigh, Katrina Murphy, Amy Roper, Alice Taylor and David Griffiths, with valuable assistance from Rosalind Seeley and Jackie Harper.

Categories: Finance, Legal, M&A

You Might Also Like

The STEM skills gap – Mark Brownridge, Director General of the Enterprise Investment Scheme Association (EISA)

05/03/2019The STEM skills gap – Mark Brownridge, Director General of the Enterprise Investment Scheme Association (EISA)

As we enter the ‘Fourth Industrial Revolution’, a time of significant technological, economic and societal change, STEM skills are going to be more important than ever in driving the UK’s private sector forward. Science, Technology, Engineering and Maths

In Data We Trust: Possible Career Opportunities With a Degree in Data Science

21/12/2022In Data We Trust: Possible Career Opportunities With a Degree in Data Science

Data science is the process of using scientific methods and systems to extract key information from various forms of data. Data science is one of the most sought-after fields in the United Kingdom, meaning this is a perfect time for budding data scientists to

Why You Should Choose Professional iPhone Repair Services

09/09/2024Why You Should Choose Professional iPhone Repair Services

Why You Should Choose Professional iPhone Repair Services What do you do when your iPhone starts malfunctioning? How can you ensure it gets the best care without risking further damage? Choosing professional iPhone repair services is the most brilliant move fo

Dogecoin is the new GameStop – Are investors going to get burned?

21/04/2021Dogecoin is the new GameStop – Are investors going to get burned?

Dogecoin has become the new GameStop, with frenzied trading potentially going to deliver a bloody nose to novice investors, warns the CEO of one of the world’s largest independent financial advisory and fintech organisations.

Aligning Interests

07/05/2019Aligning Interests

AppleTree Capital LLP is an awarded independent financial advisor, specializing in Emerging Markets and Absolute Return strategies. Recently, we profiled the firm and spoke to Managing Directors, Michael Nicoletos and Dimitris Apistoulas who provided us with a

Unlocking the Value of Our Ideas – What Really is Intellectual Property?

10/01/2024Unlocking the Value of Our Ideas – What Really is Intellectual Property?

In today’s dynamic, diverse and competitive business landscape, safeguarding your innovative ideas and creative assets is increasingly paramount. Many businesses' largest and most valuable assets include things which are not physical and instead are intangib

Expanding Your Business Through Acquisition Financing

26/04/2024Expanding Your Business Through Acquisition Financing

Expanding a business often entails acquiring another company. This ambitious move, however, requires careful financial planning as well as a deep dive into full standby seller financing and other strategies. For businesses, big or small, pondering an

5 In-Demand Degrees That Can Boost Your Career

12/04/20245 In-Demand Degrees That Can Boost Your Career

Image source In an era marked by rapid technological advancements and shifting economic landscapes, career advancement often hinges on one’s ability to adapt and grow in alignment with emerging trends. Identifying and pursuing in-demand degrees can serve

CFH Docmail Acquisition of BSS Scotmail

04/08/2015CFH Docmail Acquisition of BSS Scotmail

CFH Docmail Acquisition of BSS Scotmail

View More Articles

Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

MORE BRANDS