ETC Group Acquires Amadys from Equistone Partners Europe

Cinven to acquire majority stake in Euro Techno Com Group from Carlyle

June 3, 2022

Telecommunications

Cinven has entered into exclusive negotiations to acquire a majority stake in Euro Techno Com Group (ETC Group), a France‑headquartered distributor of telecom and technology infrastructure products, from Carlyle. Founder and CEO Cédric Varasteh would retain a significant stake and Carlyle will reinvest as a minority shareholder; the Group has around 1,100 employees and generates more than €1 billion in annual revenues.

Amadys Group (Equistone-backed) Acquires PRO-Kunststoff GmbH

March 31, 2022

Telecommunications

The Equistone-backed Amadys Group has acquired PRO-Kunststoff GmbH, a Rüsselsheim-based distributor and logistics partner for passive broadband infrastructure components. The deal adds PRO-Kunststoff’s warehousing and FTTH component expertise to Amadys’ platform in Germany, expanding its end-to-end connectivity and fibre-to-the-home (FTTH) capabilities; the sellers/managing directors Michael Helfrich and Erik Maier-Rebenich will reinvest and remain as managing directors.

Amadys Acquires SKG Netzwerktechnik and Muth Kommunikationstechnik

February 4, 2022

Telecommunications

Belgium-headquartered Amadys, a portfolio company of Equistone Partners Europe, has acquired Austrian distributor SKG Netzwerktechnik GmbH and German wholesaler Muth Kommunikationstechnik GmbH as part of its buy-and-build expansion in the DACH region. The add-on deals broaden Amadys' footprint and product/ logistics capabilities to support accelerating FTTH and utility network roll-outs across Austria, Germany and Slovakia.

Equistone-backed Amadys Acquires tso GmbH to Establish Presence in Germany

February 24, 2021

Telecommunications

Equistone portfolio company Amadys has acquired Halver-based tso GmbH as an add-on to establish an initial market presence in Germany. tso supplies splicing and measurement technology, equipment and services for fibre optic communications networks; its founder Arthur Graevendiek will reinvest and remain CEO to support Amadys' growth in the DACH region.

Equistone-backed Amadys Acquires Infraconcepts B.V.

December 8, 2020

Telecommunications

Equistone portfolio company Amadys has acquired Breda-based Infraconcepts B.V. in an add-on transaction to strengthen Amadys' presence in the Netherlands. The deal (subject to competition approval) expands Amadys' passive network equipment footprint across telecom and utility end markets; the combined group generates roughly EUR 180 million in revenue and employs about 140 people.

Equistone Partners Europe Acquires Amadys

November 15, 2019

Telecommunications

Equistone Partners Europe has agreed to acquire Amadys NV, a Brussels-headquartered provider and distributor of passive network equipment for utilities and telecoms, from the company's management and Vectis Private Equity. Management, led by CEO Hein Wilderjans, will reinvest and retain a minority stake; Equistone plans to support organic growth and use Amadys as a platform for consolidation and international expansion. The deal is subject to competition clearance and financial terms were not disclosed.