Montagu Private Equity to Sell Emitel to Alinda Infrastructure Funds (CEE and CIS)

Source: Montagu Private Equity, Alinda Capital Partners

European private equity firm Montagu Private Equity has agreed to a sell a 100 percent stake in Poland-based Emitel, owner and operator of a nationwide network of tower infrastructure sites, to investment funds managed by infrastructure investment firm Alinda Capital Partners. Montagu, along with co-investors private equity firms Innova Capital and Value4Capital and development finance institution European Bank for Reconstruction and Development, originally acquired Emitel from Poland-based phone company Telekomunikacja Polska in 2011. Financial details of the transaction were not disclosed.