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M&A Deal Summary

Enovos Acquires artelis SA

On December 18, 2009, Enovos acquired communications company artelis SA from BIP Investment Partners

Acquisition Highlights
  • This is Enovos’ 1st transaction in the Communications sector.
  • This is Enovos’ 1st transaction in Luxembourg.

M&A Deal Summary
Date 2009-12-18
Target artelis SA
Sector Communications
Buyer(s) Enovos
Sellers(s) BIP Investment Partners
Deal Type Add-on Acquisition

Target

artelis SA

Luxembourg, Luxembourg
Artelis is positioned as an alternative telecom operator offering services in Luxembourg and its neighboring regions.

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Buyer(S) 1

Buyer

Enovos

Strassen, Luxembourg
Category Company
Sector Utilities
Employees1,300
Revenue 1.5B (2013)
DESCRIPTION

Enovos is an integrated utility company focused on electricity and gas transmission and supply as well as power generation including renewables. Enovos is based in Strassen, Luxembourg.

DEAL STATS #
Overall 1 of 1
Sector: Communications M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Luxembourg M&A 1 of 1
Year: 2009 M&A 1 of 1

Seller(S) 1

SELLER

BIP Investment Partners

Category Private Equity Firm
Founded 2000
PE ASSETS 235M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

BIP Investment Partners is a private equity firm firm focused on a variety of long-term investments including buyouts, growth capital financings, sale of minority stakes, successions, and corporate spin-offs. BIP prefers opportunities in Austria, Belgium, France, Germany, Luxembourg, Netherlands, and Switzerland and generally looks to commit €10 to €25 million per transaction. Sectors of interest include technology, media, telecom, industrial, consumer, retail, business services, and healthcare. BIP investment Partners is headquartered in Luxembourg.

DEAL STATS #
Overall 2 of 14
Sector: Communications M&A 2 of 4
Type: Add-on Acquisition M&A Deals 2 of 10
Country: Luxembourg M&A 2 of 5
Year: 2009 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-06-27 Escaux

Wavre, Belgium

Escaux is specialized in IP telephony and unified communication solutions for private and public-sector businesses. Escaux was founded in 1994 and is based in Wavre, Belgium.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-11-01 O3b Networks

St Helier, Cayman Islands

O3b Networks Ltd. is a satellite service provider building a next-generation satellite network for telecommunication operators, internet service providers, enterprise and government customers in emerging and insufficiently connected markets.

Buy -
Mergr

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