UNQUOTE

UK - Zeus completes MBO of XLN Telecom

  • Sarah
  • LinkedIn  
  • Google plus  

Zeus Private Equity (ZPE) has completed its fourth deal, backing the management buyout of telecommunications solutions provider, XLN Telecom Ltd. ZPE has invested ТЃ6.63m to acquire a majority stake in the business. Kaupthing Singer & Friedlander has provided senior debt and working capital facilities.

Based in Vauxhall, London, and employing 90 people, XLN supplies fixed line and broadband services to 70,000 customers in the SME sector. Formed in 2002 following deregulation of the UK telecoms sector, the company is one of Britain’s fastest growing alternative telecoms service providers.
  • LinkedIn  
  • Google plus  

More on Buyouts

Latest News