Rautenberg & Company advises Circet on the acquisition of MAM-Bau.
Our team advised Circet on the acquisition of MAM-Bau GmbH & Co. KG. Closing of the transaction took place in May 2023.
Circet is the leading network infrastructure services provider in Europe. The company operates in the fast-growing network infrastructure services market, supported by massive investments for rolling out fixed and mobile super-fast broadband. As the leader in Europe (notably in France, the United Kingdom, Ireland, Germany, Italy, Spain, Belgium, and the Netherlands), Circet’s customer base includes leading telecom operators, local authorities and companies specializing in rural deployment to bridge the digital divide, and key government-owned and private companies that own infrastructure. Circet is present in 13 countries, with pro-forma revenues in excess of EUR 3.5 billion in 2022 and over 15,000 employees.
MAM-Bau is one of the largest private telco-focused civil engineering companies in North Rhine-Westphalia (Germany) with a strong focus on fiber rollout projects. As a strategic partner of telecom network operators and municipalities the company generates revenues in excess of EUR 50 million with more than 480 employees (c.80 own employees and 400 employed at subcontractors).
Our team supported Circet comprehensively as M&A Lead Advisor and led the entire acquisition process up to the successful completion of the transaction.
Quick Facts
Date
- June 2023
Circet
- #1 telecom network infrastructure services provider in Europe
- Revenue of EUR >3.5bn (2022)
- Present in 13 countries, over 15,000 employees
- Backed by ICG since 2021
MAM-Bau
- One of the largest private telcofocused civil engineering companies in North Rhine-Westphalia
- Revenue of EUR >50m
- Over 480 employees
Deal Size
- Undisclosed
Services
- Buy-side M&A Lead Advisory
Team
- Gero Steinröder, Managing Partner
- Britta Hornung-Schweter, Senior Director
- Maximilian Gailer, Manager
- Christian Wolf, Associate