M&A Deal Summary

Orange Acquires Orange Slovensko a.s.

On October 21, 2005, Orange acquired communications company Orange Slovensko a.s. from Mid Europa Partners, 3TS Capital Partners and Innova Capital for 628M USD

Acquisition Highlights
  • This is Orange’s 2nd transaction in the Communications sector.
  • This is Orange’s 2nd largest (disclosed) transaction.
  • This is Orange’s 1st transaction in Slovakia.

M&A Deal Summary

Date 2005-10-21
Target Orange Slovensko a.s.
Sector Communications
Buyer(s) Orange
Sellers(s) Mid Europa Partners
3TS Capital Partners
Innova Capital
Deal Type Add-on Acquisition
Deal Value 628M USD

Target

Orange Slovensko a.s.

Bratislava, Slovakia
website
Orange Slovensko is the leading GSM mobile telephony operator in Slovakia.

Search 193,240 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Orange

Paris, France

website


Category Company
Founded 1990
Sector Communications
Employees138,626
Revenue 43.5B EUR (2022)
DESCRIPTION
Orange retail store in central Barcelona, Spain.
Orange retail store in central Barcelona, Spain.

Orange provides a range of fixed telephony and mobile telecommunications, data transmission, Internet and multimedia, and other value-added services to consumers, businesses, and other telecommunications operators under the Orange brand worldwide. Orange was founded in 1990 and is based in Paris, France.


DEAL STATS #
Overall 2 of 15
Sector (Communications) 2 of 6
Type (Add-on Acquisition) 2 of 12
Country (Slovakia) 1 of 1
Year (2005) 1 of 1
Size (of disclosed) 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-09-30 Wanadoo SA

Issy les Moulineaux, France

Wanadoo SA is a provider of broadband services in France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-07-24 Solocal Group

Boulogne-Billancourt, France

Solocal Group is a digital local communication company serving European small businesses. Solocal Group was founded in 1896 and is based in Boulogne-Billancourt, France.

Sell -

Seller(S) 3

SELLER

Mid Europa Partners

London, United Kingdom

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1999
PE ASSETS 5.3B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Mid Europa Partners is a private equity firm focused on investing in Central and Eastern Europe. Mid Europa prefers control based investments in market leading companies operating in industries with high barriers to entry. Sectors of interest include telecom, media, utilities, transportation, natural resources, industrial, healthcare, building materials, manufacturing, and agriculture. The Firm looks to commit €75 to €200 million of equity capital per transaction in businesses valued up to €500 million. Prospective transaction types include buyouts, take-privates, divestitures, turnarounds, and large scale expansions. Mid Europa Partners is the successor entity to EMP Europe Ltd, which was formed in 1999. Mid Europa has offices in Budapest, Warsaw, and London.


DEAL STATS #
Overall 4 of 26
Sector (Communications) 3 of 7
Type (Add-on Acquisition) 4 of 16
Country (Slovakia) 1 of 2
Year (2005) 3 of 3
Size (of disclosed) 3 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-07-15 MobiFon S.A.

Bucure, Romania

MobiFon S.A. is a provider of wireless communication services.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-03-01 Aster Sp. z o.o.

Warsaw, Poland

Aster City Cable is a leading provider of cable television internet and fixed line telephone services in Poland.

Buy -
SELLER
DESCRIPTION

3TS Capital Partners is a private equity firm that targets buyout and expansion capital investments in Central and Northern Europe. 3TS primarily targets growth tech businesses operating in the communications, internet, media, and technology-enabled services sectors. 3TS typically holds investments for three to five years. 3TS Capital Partners was formed in 1999 and is based in Helsinki, Finland.


DEAL STATS #
Overall 4 of 18
Sector (Communications) 2 of 2
Type (Add-on Acquisition) 1 of 6
Country (Slovakia) 1 of 1
Year (2005) 4 of 4
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-02-01 Slaska Telewizja Kablowa Sp. z o.o.

Chorzów, Poland

STK is a cable television service provider in Southern Poland. Its network covers more than 144,000 homes and services over 65,000 subscribers. The company focuses on increasing ARPU through introduction of new services such as Internet access based on its state-of-the-art fibre network.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-01-01 Clickad Interactive Sp. Zo.o.

Warszawa, Poland

Clickad Interactive Sp. Zo.o. is a Polish Internet advertising media company that provides media agencies, advertisers, and media owners with innovative online advertising and digital media solutions and services.

Buy -
SELLER

Innova Capital

Warsaw, Poland

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1994
PE ASSETS 1.1B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

Innova Capital is a private equity firm focused on investment opportunities in Central Europe. Innova generally looks to invest in businesses operating in Poland, Hungary, the Czech Republic, however the firm will also consider companies operating in bordering areas, such as the Nordic Countries, as well as Germany and Austria. Target sectors include business services, specialist media, financial services, and telecom. Innova seeks to commit between €25 to €40 million of equity capital per transaction. The Firm's investment horizon is three to five years. Innova Capital was formed in 1994 and is based in Warsaw, Poland.


DEAL STATS #
Overall 7 of 27
Sector (Communications) 3 of 7
Type (Add-on Acquisition) 2 of 10
Country (Slovakia) 1 of 2
Year (2005) 4 of 4
Size (of disclosed) 2 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-05-13 Orange Romania SA

Bucharest, Romania

Orange România is Romania's largest GSM network operator, the subsidiary of Orange SA, owned by the France Télécom Group.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-01-13 Mercor Sp. z o.o.

Gdansk, Poland

Mercor was established in Poland in 1988. The Mercor group is the largest manufacturer and provider of comprehensive passive fire protection systems, with a well-developed sales network in Central Eastern Europe. It is a leader in the Polish, Czech, and Slovakian markets, and is currently is successfully expanding its activities into new ones.

Buy -