M&A Deal Summary

Mid Europa Partners and Orange Acquire Orange Austria Telecommunication

On June 21, 2007, private equity firm Mid Europa Partners and Orange acquired communications company Orange Austria Telecommunication for 1.4B EUR

Acquisition Highlights
  • This is Mid Europa Partners’ 5th and Orange’s 3rd transaction in the Communications sector.
  • This is Mid Europa Partners’ and Orange’s 0th largest (disclosed) transaction.
  • This is Mid Europa Partners’ 1st and Orange’s 1st transaction in Austria.
Investment Fate
  • Orange Austria Telecommunication was sold to a strategic buyer in 2012 for 1.3B EUR.

M&A Deal Summary

Date 2007-06-21
Target Orange Austria Telecommunication
Sector Communications
Buyer(s) Mid Europa Partners
Orange
Deal Type Buyout (LBO, MBO, MBI)
Deal Value 1.4B EUR

Target

Orange Austria Telecommunication

Vienna, Austria
Orange Austria Telecommunication GmbH offers mobile telecommunications network services. Orange Austria Telecommunication GmbH was founded in 1998 and is based in Vienna, Austria.

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Buyer(S) 2

Buyer

Mid Europa Partners

London, United Kingdom

Investor Investor Investor Investor Investor


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 13 of 44
Sector (Communications) 5 of 6
Type (Buyout (LBO, MBO, MBI)) 9 of 18
Country (Austria) 1 of 1
Year (2007) 2 of 4
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-04-01 Invitel

Budaörs, Hungary

Invitel is an alternative telecommunication service provider, Invitel offers a wide range of info-communication solutions in the whole territory of the country. Invitel was founded in 1992 and is based in Budaors, Hungary.

Sell €470M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-06-27 SBB

Beograd, Serbia

SBB is a cable TV and broadband internet operator in Europe, and Mid-Europa and is committed to the continued development of cable TV and internet business. SBB was formed in 2002 and is based in Beograd, Serbia.

Buy -
Buyer

Orange

Issy-les-Moulineaux, France

Category Company
Founded 1990
Sector Communications
Employees137,094
Revenue 44.1B EUR (2023)
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 4 of 15
Sector (Communications) 3 of 6
Type (Buyout (LBO, MBO, MBI)) 1 of 1
Country (Austria) 1 of 1
Year (2007) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-01-01 Fime

Antony, France

Fime is a provider of consulting and market integration services for secure chip based applications, tokens and devices. Fime was founded in 1962 and is based in Antony, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-01-01 Cityvox SAS

Paris, France

Cityvox is a French online review site specializing in restaurants and nightlife.

Buy -