Guam communications services provider TeleGuam Holdings and Advantage Partners, a service provider to private equity funds investing in global markets mainly in Japan, have signed a definitive agreement. Under the agreement, AP TeleGuam Holdings, an investment vehicle formed by funds served by Advantage Partners will acquire GTA TeleGuam from Shamrock Capital Advisors. As part of the transaction, Shamrock will exit its investment in the company since privatising it back in 2005 to return capital to its investors. Terms of the transaction were not disclosed.
