Rautenberg & Company advises Circet on the acquisition of SALKO-Bau.
Our team advised Circet on the acquisition of SALKO-Bau GmbH. Closing of the transaction took place in July 2024.
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 14 countries, with pro-forma revenues in excess of EUR 4 billion in 2023 and over 18,000 employees.
SALKO-Bau is a privately held civil engineering company in Lower Saxony (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 40 million with more than 60 employees.
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
- August 2024
Circet
- #1 telecom network infrastructure services provider in Europe
- Revenue of EUR >4bn (2023)
- Present in 14 countries, over 18,000 employees
- Backed by ICG since 2021
SALKO-Bau
- Private civil engineering company in Lower Saxony
- Focus on fibre rollout projects
- Revenue of EUR >40m
- Over 60 employees
Deal Size
- Undisclosed
Services
- Buy-side M&A Lead Advisory
Team
- Gero Steinröder, Managing Partner
- Britta Hornung-Schweter, Partner
- Max Gailer, Director
- Jessica Gallander, Senior Associate