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

Insurance Company Approached You To Settle A Claim: Here’s What To Do

07/03/2022Insurance Company Approached You To Settle A Claim: Here’s What To Do

If you have been injured in an accident, you are probably in a lot of pain. You may have to attend multiple doctor’s appointments and miss plenty of work. You just want this all to be over with and to get back to your normal life. When an insurance

Could the Extinction of the Paper Receipt Cause a Change in Your Spending Habits?

06/01/2020Could the Extinction of the Paper Receipt Cause a Change in Your Spending Habits?

Paper receipts account for 1.5 billion pounds of environmental waste each year in the United States alone. So, is it time for paper receipts to become extinct? As a way of reducing the amount of waste you are producing this seems like the way forward for most

The Stretch Zone, Deep Learning from the Inside-Out

08/06/2016The Stretch Zone, Deep Learning from the Inside-Out

I recently had the pleasure of meeting Richard, COO at a financial services organisation. We first met ten years ago on a talent and leadership programme where I was lead facilitator.

Cimarron Energy Acquires Diverse Energy Systems Assets

01/02/2016Cimarron Energy Acquires Diverse Energy Systems Assets

Cimarron Energy announced that it has closed on the acquisition of substantially all of the assets of Diverse Energy Systems today.

5 Innovative and Advantageous Improvements To Your Business Model You Cannot Afford To Ignore

09/07/20215 Innovative and Advantageous Improvements To Your Business Model You Cannot Afford To Ignore

Whatever industry your company specializes in, it's important to examine your business model, identify areas that require improvement and implement those changes as soon as possible.

A guide to successful internal auditing

05/09/2019A guide to successful internal auditing

Whatever your industry, seeking out continuous improvement is vital to your business’ success. One of the most effective ways to do this is to appoint an internal auditor within your staff, or to hire a third-party auditor. Auditing allows for a fresh perspe

Cyber Crime Targeting Law & Education

02/10/2019Cyber Crime Targeting Law & Education

Cyber crime is proving to be the biggest threat for the majority of businesses in the modern era, with legal firms proving to be the most at-risk, according to CySure CEO Joe Collinwood. So, how can businesses, legal or not, help ensure their cyber security is

The Synergy of AI and Human Agents: Enhancing CX Through Collaborative Interactions

15/10/2024The Synergy of AI and Human Agents: Enhancing CX Through Collaborative Interactions

Artificial intelligence could revolutionize the customer experience (CX) — but only if humans remain involved.

Innovative Strategies to Enhance In-Person Shopping Experiences Using Indoor Mapping

31/03/2023Innovative Strategies to Enhance In-Person Shopping Experiences Using Indoor Mapping

Whether you operate a physical store or manage an online retail outlet, a comprehensive understanding of creating a unique in-person shopping experience is essential in this competitive market.

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