AMP Capital has entered into a definitive agreement with the current investors and limited partners of Everstream Solutions regarding the purchase of the company. The terms of the deal have not yet been disclosed. The transaction is expected to close in the second quarter of 2018 once necessary regulatory approvals are obtained. Everstream plans to utilize the investment from AMP Capital for acquisitions and to fund organic network growth and development
Date
March 12, 2018
Type
M&A Transactions
Subtype
Transaction agreement announced
Subsectors
Telecom
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AMP Capital has entered into a definitive agreement with the current investors and limited partners of Everstream Solutions regarding the purchase of the company. The terms of the deal have not yet been disclosed. The transaction is expected to close in the second quarter of 2018 once necessary regulatory approvals are obtained. Everstream plans to utilize the investment from AMP Capital for acquisitions and to fund organic network growth and development
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