center3 Acquires CMC Networks

December 20, 2023

center3, a subsidiary of stc Group, has signed a definitive agreement to acquire CMC Networks from the Carlyle Sub‑Saharan Africa Fund (CSSAF). The deal expands center3's digital infrastructure and connectivity footprint across Africa and the Middle East by integrating CMC's pan‑African network, managed services and cloud/edge capabilities.

Buyers
center3
Targets
CMC Networks
Sellers
Carlyle Sub-Saharan Africa Fund (CSSAF)
Location
Gauteng, South Africa
Transaction Type
Buyout

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