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CEE - Mid Europa Partners completes first ever leveraged buyout in Serbia

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Mid Europa Partners has acquired a controlling stake in Serbia Broadband (SBB) from SEEF I fund, managed by Bedminster Capital Management. The deal represented the first leveraged buyout in Serbia.

In the past two years, SBB has seen revenue growth of over 60%. Its satellite TV (DTH) services are expanding to neighboring countries of the former Yugoslavia. Mid Europa Partners invests in Central and Eastern Europe and operates from London, Budapest and Warsaw. The private equity firm most recently teamed up with France Telecom/Orange to acquire One GmbH, the third largest mobile operator in Austria, in a EUR 1.4bn deal.
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