05/07/2011
Press Release
CORPFIN CAPITAL ACQUIRES TELINDUS ESPAÑA TO PROMOTE GROWTH.
The private equity firm Corpfin Capital has acquired Telindus España, the Spanish subsidiary of Telindus NV (Belgacom group). The acquisition is part of the divestment strategy of non-strategic assets of Belgacom Group.
Telindus Spain is one of the main solutions integrators of Information and Communication Technologies (ICT) and related services, serving carriers, large enterprises and public agencies.
To Telindus España this deal means to separate from its parent Telindus NV, and start a new phase of development with the support of Corpfin Capital. The business plan provides the entry of new products and services through organic development and selective acquisitions. The structure, operation and service of Telindus España will not be altered and its management will remain with its current management team, led by José Manuel Sánchez Mirón.
To Corpfin Capital, this deal means a commitment to the business of network integration and advanced services to large operators and companies. Capital Corpfin will consistently contribute with their expertise and resources to develop the project, taking advantage of countless opportunities in this market.
Corpfin Capital has been advised by Oliver Wyman, Uría Menéndez and Accuracy.