M&A Deal Summary

Ardian Acquires Mila

On October 25, 2021, private equity firm Ardian acquired communications company Mila from Síminn

Acquisition Highlights
  • This is Ardian’s 17th transaction in the Communications sector.
  • This is Ardian’s 1st transaction in Iceland.

M&A Deal Summary

Date 2021-10-25
Target Mila
Sector Communications
Buyer(s) Ardian
Sellers(s) Síminn
Deal Type Divestiture

Target

Mila

Reykjavik, Iceland
Mila is the largest telecom infrastructure company in Iceland providing comprehensive end-to-end services in all areas of digital infrastructure. Mila was founded in 2007 and is based in Reykjavik, Iceland.

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Buyer(S) 1

Buyer

Ardian

Paris, France

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1996
PE ASSETS 127.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Ardian is a mega-sized diversified investment group focused on opportunities worldwide. Ardian invests across and manages funds focused on small and mid-sized buyouts, growth capital financings, mezzanine, infrastructure, real estate, and co-investment opportunities. Ardian's small-buyouts group targets controlling interests in French, German, and Italian businesses valued up to €100 million. It's mid-sized buyout group seeks businesses valued up €1.5 billion and does not have any geographic limitations. The Infrastructure team looks for European opportunities and can commit up to €1 billion per transaction. The Mezzanine group supports junior capital commitments of €5 to €80 million. In addition to direct investing, Ardian also manages various private equity fund-of-funds. Ardian was founded in 1996 and is based in Paris.


DEAL STATS #
Overall 412 of 465
Sector: Communications M&A 17 of 18
Type: Divestiture M&A Deals 33 of 34
Country: Iceland M&A 1 of 2
Year: 2021 M&A 19 of 27
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-20 Palex

Barcelona, Spain

Palex is a distributor of sanitary equipment and advanced hospital solutions. It has a wide portfolio of specific hospital equipment and equipment for more than 40 medical specialties, from fungible material to sophisticated diagnostic, treatment, and laboratory equipment. Palex was founded in 1955 and is based in Barcelona, Spain.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-02 Bellrock Property & Facilities Management

Leicester, United Kingdom

Bellrock Property & Facilities Management supplies a range of managed facilities and property services under long-term contracts to a blue-chip client-base spanning the healthcare, education, corporate and retail sectors. Bellrock Property & Facilities Management was founded in 1995 and is based in Leicester, United Kingdom.

Sell -

Seller(S) 1

SELLER

Síminn

Reykjavík, Iceland

Category Company
Founded 1906
Sector Communications
Employees597
DESCRIPTION

Síminn provides a comprehensive range of electronic communications as well as entertainment for homes and companies. Síminn was founded in 1906 and is headquartered in Reykjavík, Iceland.


DEAL STATS #
Overall 1 of 1
Sector: Communications M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Iceland M&A 1 of 1
Year: 2021 M&A 1 of 1