Tet - M&A Summary and Business Overview

Business ServicesCompany

Tet M&A Summary

Tet has acquired 1 company, including 1 in the last 5 years.

Tet’s largest acquisition to date was in 2022, when it acquired Telia Latvija SIA for $12M. The Company’s most targeted sectors include communications (100%).

Tet Business Overview

Where is Tet headquartered?

Tet is headquartered in Riga, Latvia.

What sector is Tet in?

Tet is a business services company.

M&A Summary

  • M&A Total Activity1
    • M&A Buy Activity1
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 1

Tet

Tet SIA

Dzirnavu iela 105,
Riga, LV1011
Latvia,
www.tet.lv

Tet is a local technology and entertainment operator in Latvia, offering a full range of ICT and pay-TV services to households, businesses, the government and municipal institutions, as well as electricity and other services. Tet is based in Riga, Latvia.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # - - - 1 - - 1
vol $12M $12M
Sell (0.0/yr) # - - - - - - 0
  1

Most Recent M&A

Company Date Value Type
Telia Latvija SIA 2022-01-04 12M EUR Divestiture
Rīga, Latvia · www.telia.lv
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Communications 1 (100%) 12M (100%) - -
Total 1 $12M - -

By Geo

State/Country Buy Value Sell Value
Latvia 1 12M - -
Total 1 $12M - -

Deal Values

buy # Total
< $100M 1 $12M
TOTAL $12M
Largest Telia Latvija SIA
$12M (2022-01-04)

M&A Connections

Deals
Acquired from
Strategic(s)
100%
1 (100%)

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