© Copyright Acquisition International 2025 - All Rights Reserved.

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

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Orrick Advises Shareholders in Sale of Slovakian Telecoms Provider Benestra
Image

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
Read Full PostRead - Eye Icon
What Exactly is Workers’ Compensation and How is it Paid Out?
Legal
11/08/2022What Exactly is Workers’ Compensation and How is it Paid Out?

When you get injured in a workplace accident, it can be hard to keep getting up every day and attending to your duties normally. The good news is that you may be eligible to collect medical bills and lost wages if you suffer a workplace injury or illness, rega

Read Full PostRead - Eye Icon
Why Financial Literacy Is Significant In Business Endeavors
Finance
01/07/2021Why Financial Literacy Is Significant In Business Endeavors

Financial Literacy is a critical skill when it comes to business endeavors. Do you want to know why? These are the main and most logical reasons.

Read Full PostRead - Eye Icon
Zillow Group Acquisition of Trulia
M&A
Read Full PostRead - Eye Icon
A Critical Mass of Experience
Strategy
20/04/2017A Critical Mass of Experience

2016 Global Excellence Awards - Best Capital Raise in Africa award winner is Verdant Capital, an investment bank operating on a pan-African basis. We invited them to write about their firm’s vital work in the midmarket financial services sector and their ref

Read Full PostRead - Eye Icon
Leading Adviser in Nigeria
Leadership
16/05/2016Leading Adviser in Nigeria

Adebola Sobanjo & Co is a private company established in 1980 without any foreign equity but with a turnover of $800,000 – 1 million per year.

Read Full PostRead - Eye Icon
Building the Future: What Today’s Tech Candidates Really Look for in Companies
Innovation
09/10/2023Building the Future: What Today’s Tech Candidates Really Look for in Companies

The technology sector is renowned for its rapid pace of innovation and dynamic work environments. Consequently, tech candidates are often discerning about the companies they aim to join, seeking opportunities that not only utilise their skills but also foster

Read Full PostRead - Eye Icon
GomSpace Completes Acquisition of NanoSpace
M&A
17/10/2016GomSpace Completes Acquisition of NanoSpace

GS Sweden AB the parent company of GomSpace ApS, has agreed with the Swedish Space Corporation to acquire 100% of the shares of NanoSpace AB, a wholly owned subsidiary of SSC.

Read Full PostRead - Eye Icon
The Beginner’s Guide to Starting a Consulting Business: Essential Steps and Tips
News
24/06/2024The Beginner’s Guide to Starting a Consulting Business: Essential Steps and Tips

Building your own business and becoming an entrepreneur presents a challenge. However, beginning a consulting business where you assist others in managing their company more effectively can pose an even bigger challenge. This is mainly because when you open a

Read Full PostRead - Eye Icon
Adcorp acquires Dare Holdings for R280m
Finance
06/05/2015Adcorp acquires Dare Holdings for R280m

JSE-listed Adcorp holdings has announced its acquisition of specialist oil and gas workforce recruiter, Dare Holdings, for an estimated A$30m (about R280m), as it seeks to expand into Africa.



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.

Arrow