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General

Partners Group buys majority stake in Italian FWA firm Eolo

Monday 19 July 2021 | 13:58 CET | News
Switzerland-based investment firm Partners Group said it has agreed to acquire a 75 percent stake in Italy's Eolo in a deal that values the fixed wireless broadband provider at around EUR 1.2 billion. In a statement, Partners confirmed that it would be buying the majority stake from Searchlight Capital Partners and a vehicle controlled by Luca Spada, Eolo's founder and CEO. The remaining 25 percent of equity will continue to be owned by the vehicle controlled by Spada. 

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Categories: General
Companies: EOLO
Countries: Italy
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