Antin Infrastructure Partners acquires Bouygues Telecom’s remaining 15% stake in FPS Towers
22nd Sep 2015
Antin Infrastructure Partners (“Antin”) and FPS Towers announced today the acquisition by Antin of Bouygues Telecom’s remaining 15% stake in FPS Towers. Antin will become the sole shareholder of FPS Towers with a 100% stake in the company.
Bouygues Telecom will remain a client of FPS Towers, as per the hosting and long-term service agreement signed with Bouygues Telecom following the sale of its towers to FPS Towers in November 2012.
“Bouygues Telecom remains an important client of FPS Towers, and the sale of their residual stake reinforces the position of neutrality that we have always had towards all our clients”
stated Frédéric Zimer, CEO of FPS Towers.
Alain Rauscher, CEO and Managing Partner of Antin, said
“We are delighted to increase Antin’s investment, after 3 years of strong growth and excellent collaboration with Bouygues Telecom, demonstrating Bouygues Telecom’s trust in FPS Towers and its management team”.
About FPS Towers
FPS Towers is the largest independent telecom tower company in France, operating a portfolio of over 2,000 owned towers and close to 18,000 rooftop terrace sites across the country in rural, urban and suburban zones. FPS Towers leases its tower and rooftop terrace portfolio to all French mobile network operators, which are all clients of FPS Towers, as well as all types of operators (e.g. machine to machine network operators, local authorities, public bodies, etc.) in search of solutions to accommodate telecom equipment in order to develop and consolidate their networks.
About Antin Infrastructure
Partners Antin Infrastructure Partners is a leading independent European private equity firm focused on infrastructure investments. Based in Paris and London with eight partners and a total of 48 professionals, Antin manages two funds that invest in infrastructure in Europe and target controlling stakes for investments in the energy and environment, telecommunication, transportation and social infrastructure sectors.
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