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

Global Contactless Smart Card Market to see 30% CAGR to 2019

02/03/2015Global Contactless Smart Card Market to see 30% CAGR to 2019

The growing need to diminish identity duplication and forgery cases has resulted in remarkable growth in the Global Contactless Smart Card Market.

Understanding the Evolving Landscape of Asset Management in the Financial Industry

18/09/2023Understanding the Evolving Landscape of Asset Management in the Financial Industry

Like most industries, the financial sector has had major evolutions, and asset management plays a huge role. This evolution has reshaped how financial assets are cultivated, optimised, and safeguarded. It has ultimately redefined the relationships between asse

8 Critical Components of a Good Human Resources Strategy

16/02/20238 Critical Components of a Good Human Resources Strategy

Businesses often invest a lot of time and resources into the sales and marketing teams, while ignoring the value of the human resources department. Without them, the rest of the company would be ineffective in their roles. Human resources teams are more import

AIROLINK, Pioneers within the International Construction Industry

28/06/2019AIROLINK, Pioneers within the International Construction Industry

AIROLINK, created in 2001 to cater to the specialized needs of a booming construction industry in Ireland, is now one of the leading providers of top-quality construction and engineering services in the UAE.

Mid Market Top 50

02/06/2016Mid Market Top 50

Novimmune is a privately held Swiss bio-pharmaceutical company focused on the discovery, development and commercialisation of antibody-based drugs for the targeted treatment of inflammatory diseases, immune-related disorders, and cancer.

Leading Lebanese Accounting Firm Secures Success

13/01/2020Leading Lebanese Accounting Firm Secures Success

Having been named Lebanon’s leading taxation and assurance consultancy of the year in Acquisition International, Sarkis Sakr & Partners has secured its status as one of the country’s foremost accounting practices. Following the firm’s win in Acquisition

The Most Common Questions On Personal Injury Claims Answered

24/03/2022The Most Common Questions On Personal Injury Claims Answered

For most of us, legal procedures and processes aren’t everyday occurrences: we see more of a courtroom through our TVs, as per Collider.com, than we ever do in person. Some of the most common circumstances in which people find themselves actually represented

What Steps Are Included in a Workers’ Comp Evaluation?

23/05/2024What Steps Are Included in a Workers’ Comp Evaluation?

Image source: https://pixabay.com/photos/student-work-office-desk-business-5224089/ When it comes to workers’ compensation, understanding the intricate process of evaluation is vital. Whether you’re an employee who has experienced a workplace injur

As the Media Frenzy From GDPR Dies Down, Companies Need To Reman Vigilant Against Data Breaches

10/09/2019As the Media Frenzy From GDPR Dies Down, Companies Need To Reman Vigilant Against Data Breaches

When the GDPR legislation was being created there was a flurry of media reports and business commentary on the importance of data safety, with companies and individuals alike scrutinising their own policies and working on improvement. A little more than a year

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