- Sector: Communication & Internet Infrastructure; Communication Services
- Deal Type: Private Equity Deals; Founder-led Businesses
- Engagement type: Sellside
- Size: $636 million
Arma Partners is pleased to announce that it has acted as exclusive financial advisor to the shareholders of Grupo Aire, a portfolio company of Magnum Industrial Partners, on its sale to Ardian.
Founded in 2002 and headquartered in Alicante, Grupo Aire is Iberia’s leading independent provider of converged next generation communications services to the operator and corporate market. The business’s portfolio of scalable wholesale and enterprise communication and cloud services, powered by proprietary software, has created a highly differentiated market position in the Iberian communications market.
The investment from Ardian will support the next stage of Grupo Aire’s ambitious growth plan and will strengthen its position as a Southern European communications services leader.
This transaction, another landmark deal in the sector, further demonstrates Arma Partners’ experience as a leading advisor to the next generation communications sector and reinforces our track record of delivering exceptional outcomes for private equity investors and founders across Europe.