Deal Snapshot
BARINGS CLOSES MAJORITY STAKE ACQUISITION OF TELECOMMUNICATIONS PRODUCTS AND SERVICES PROVIDER GIGASPHERE
Friday 15 November 2019

US-based financial services firm Barings has closed a majority stake investment in US-based telecommunications products and services provider GigaSphere Holdings LLC on behalf of clients and accounts managed by Barings, the firm said
The company, which does business under the brand name GigaMonster, provides fibre-optic-based telecommunications products and services to the multifamily and commercial real estate industries. Based in Atlanta, GigaMonster offers customer-centric networks in multi-family communities and commercial buildings.


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Details
Date Published: 15/11/2019
Target: GigaSphere Holdings
Country: USA
Sector: Telecommunications
Type: LBO
Status: Closed
Vendor:
Buyer: Barings
Buyer Advisor: Hogan Lovells US
Comment:
Terms of the deal were not disclosed

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