M&A Deal Summary

PPF Group and GIC Acquire CETIN

On August 14, 2015, family office PPF Group and sovereign wealth fund GIC acquired communications company CETIN

Acquisition Highlights
  • This is PPF Group’s 2nd and GIC’s 1st transaction in the Communications sector.
  • This is PPF Group’s 5th and GIC’s 1st transaction in Czech Republic.

M&A Deal Summary

Date 2015-08-14
Target CETIN
Sector Communications
Buyer(s) PPF Group
GIC
Deal Type Buyout (LBO, MBO, MBI)

Target

CETIN

Prague, Czech Republic
CETIN provides mobile network infrastructure services, fixed net services for households and tradesmen, data services for corporate networks and data center rental. CETIN was founded in 2015 and is based in Prague, Czech Republic.

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Buyer(S) 2

Buyer
DESCRIPTION

PPF Group is a diversified, family-backed international investment group founded in the Czech Republic, with its strategic headquarters registered in the Netherlands. The Group operates and invests across Europe, North America, and Asia—investing in sectors including financial services, communications, media, real estate, life science, and e-commerce. PPF Group was formed in 1991 and is based in Amsterdam.


DEAL STATS #
Overall 7 of 18
Sector: Communications M&A 2 of 2
Type: Buyout (LBO, MBO, MBI) M&A Deals 5 of 11
Country: Czech Republic M&A 5 of 10
Year: 2015 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-01 PPF banka

Prague, Czech Republic

PPF banka is a modern bank for corporate, public, and private sector customers specialises in trading on financial and capital markets and providing financing services for projects, exports, and acquisitions. PPF banka was founded in 1992 and is based in Prague, Czech Republic.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-26 Heureka

Prague, Czech Republic

Heureka is an online price comparison business. Heureka was founded in 2019 and is based in Prague, Czech Republic.

Buy -
Buyer
DESCRIPTION

GIC Private Ltd. is the investment arm of Singapore. The Group primarily invests through three investment groups, including public markets, private equity and real estate. GIC's private equity practice looks to invest in funds as well as directly in companies. GIC is based in Singapore with additional offices globally.


DEAL STATS #
Overall 11 of 47
Sector: Communications M&A 1 of 1
Type: Buyout (LBO, MBO, MBI) M&A Deals 2 of 4
Country: Czech Republic M&A 1 of 2
Year: 2015 M&A 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-11 Veritas

Santa Clara, California, United States

Veritas is an information management systems provider offers storage and server management software solutions. Veritas was founded in 1982 and is based in Santa Clara, California.

Buy $8.0B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-02 RAC

Walsall, United Kingdom

RAC is an motoring organization offers roadside assistance to around 8.6 million members if their vehicles suffer a mechanical failure, fixing 80% of issues at the roadside. If the issue can’t be resolved then members will be offered a tow to a destination of the member’s choice. RAC is also an insurance broker, offering car, home, motorcycle and van and other specialist insurance using a panel of third-party underwriters to roadside members and non-members. RAC was founded in 1897 and is based in Walsall, United Kingdom.

Buy -