Mid Europa Partners

Chinese investors buy Hungary’s Invitel

Hungarian service provider Invitel Group is to be sold to a group of Chinese investors in a deal that values the operator at about HUF63 billion (€205 million). The operator has been acquired by the Chinese investors led by CEE Equity Partners – which managed the China CEE Fund, a US$430 million (€404 million) private […]

KKR acquires SBB/Telemach from Mid Europa Partners

Private equity group Kohlberg Kravis Roberts has agreed to acquire western Balkans cable operator SBB/Telemach from Mid Europa Partners. The deal is expected to close in the first quarter of next year, subject to local regulatory approval. According to Mid Europa Partners, the transaction delivered a tripling of its investment in the operator and represents […]

Telemach joins United Group and first cross-territory services

Mid Europa Partners-backed Slovenian cable operator Telemach has joined United Group, the grouping, majority-owned by Mid Europa Partners and the European Bank for Reconstruction and Development that combines 15 telcos and pay TV operators across the former Yugoslavia.  United Group includes Mid Europa Partners-backed companies SBB, Telemach Slovenia and Telemach Bosnia-Herzegovina as well as pay […]

France Telecom sells Orange Austria stake

France Telecom and private-equity group Mid Europa Partners have completed the sale of mobile operator Orange Austria following approval of the deal by competition regulators. The pair have sold the operator to Hutchison Whampoa’s Austrian subsidiary Hutchison 3G Austria Holdings in a deal that values the company at €1.3 billion. France Telecom had a 35% […]

Mid Europa appoints new CFO

Private-equity investor Mid Europa Partners has appointed Manish Mittal as chief financial officer. Mittal was previously finance director at international growth equity investor Kennet Partners. Thierry Baudon, managing partner of Mid Europa said: “We are delighted to welcome Manish to the Mid Europa senior team.  He brings with him significant private equity experience, having worked […]