Rautenberg & Company advises ETC Group, a portfolio company of The Carlyle Group, on the acquisition of TIBA Produktions- und Vertriebs GmbH.
Our team advised ETC Group, a portfolio company of The Carlyle Group, on the acquisition of the Austrian TIBA Produktions- und Vertriebs GmbH. The transaction is subject to customary regulatory approvals and thus expected to close later this year.
ETC Group is the leading one-stop shop value-added distributor of passive and active telecommunications equipment and tooling with best-in-class technical and logistics solutions for network deployment, upgrades and maintenance. It supports FTTH, FTTx, HFC, Wi-Fi, 5G/mobile and data center technologies with over 30 years of extensive industry expertise. ETC Group has over 1,200 employees across more than 40 locations that span 13 countries, including the United States, France, the United Kingdom, Germany and Portugal. ETC serves more than 14,000 customers worldwide, including major American and European operators and telecommunications service providers, with value-added supply chain solutions and a comprehensive portfolio of more than 55,000 products from close to 1,000 industry-leading suppliers.
The Carlyle Group is a leading global investment firm. Carlyle Europe Technology Partners (“CETP”) supports ETC’s extensive track record of growth and international expansion since 2019.
TIBA is an Austrian value-added distributor of passive equipment for telecom networks. Based in Raasdorf, Austria, the company is specialised in the distribution of tailor-made and innovative solutions for fiber optic and copper networks as well as data centers.
Our team around Gero Steinröder supported ETC Group and The Carlyle Group in the identification of suitable add-on opportunities and advised on M&A-specific topics throughout the entire transaction.
Quick Facts
Date
- October 2022
ETC Group
- Leading one-stop shop value-added distributor for the telecom network and technology infrastructure industry
- 40+ locations across 13 countries
- Over 1,200 employees
The Carlyle Group
- Leading global investment firm
- USD 376bn assets under management (June 30, 2022)
TIBA Produktions- und Vertriebs GmbH
- Specialised distributor of tailor-made and innovative solutions for the broadband market
- Based in Raasdorf, Austria
Deal Size
- Undisclosed
Services
- Deal origination
- Buy-side M&A advisory
Team
- Gero Steinröder, Managing Partner
- Dominik Krause, Senior Associate