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From Acquisition to Exit

A private equity fund acquired an alternative telecommunications provider and merged it with another portfolio company. The alternative telecommunications provider faced many challenges throughout the entire investment period with the private equity fund as major shareholder.

Solon supported the telco provider from the beginning of the private equity fund’s entry. As a first step, Solon executed a 100-day program and post-merger integration of both fixed-line operators including a reorganization of strategy, the development of a new organization, the creation of a business plans and the necessary refinancing. Secondly, Solon supported the company in identifying several growth initiatives, such as a customer value maximization program or geographic expansion. In the third phase, Solon worked with the company’s management to design a growth story and the company’s positioning in preparation for the private equity fund’s exit. The continued support throughout the entire investment period enabled Solon to support the successful preparation and execution of the company’s IPO.

In just 20 months, two private companies became a leading, publicly listed telecommunications provider with all room for maneuver for continued successful development.