Alantra advises Ezentis on the sale of its LatAm subsidiaries to Integrum International Inc.
Alantra, the global investment banking and asset management specialist, is pleased to announce that it has advised Ezentis, a Spanish service and infrastructure deployment provider for Telecom and Energy, in the sale of its Latin American subsidiaries in Chile, Colombia, Mexico, and Peru to Integrum International Inc., a portfolio company of Yun Capital (a New York Financial Investor).
Founded in 1959, Ezentis is a quoted leading O&M service and infrastructure deployment provider for Telecom and Energy markets in Europe and LatAm. The Company has followed a growth and profitability plan, which has led to current aggregates of c. €500 million annual revenues, a backlog of c. € 1 billion and over 10,000 employees. Until now, Ezentis had a presence in 7 countries: Spain, Portugal, Brazil, Mexico, Colombia, Chile and Peru.
Integrum International, a company owned by Yun Capital, is a global services provider in the Energy, Telecom, Mining, Public Concessions and Oil&Gas sectors. Integrum provides large-scale financial resources and executive leadership to companies and projects to drive economic growth while maintaining quality and safety standards. Before the acquisition of Ezentis Latin American subsidiaries, Integrum was already present in the USA and Latin America, including Brazil, Chile, Colombia, and Peru.
This transaction supports Ezentis’ strategic plan to increase its European presence, position as a leading company focused on high-volume markets, optimize the business structure, and reduce exposure to Latin American currencies. With this disinvestment Ezentis also seeks to reduce its financial indebtedness and focus investment in its four-key market (Spain, Germany, Brazil and Portugal), to drive growth and create long-term value.
The new deal consolidates Alantra´s track record and credentials as one of the reference advisors in Iberia in the Business Support/O&M Services sector.
Alfredo Hernández-Redondo, Partner at Alantra commented: “We have been working with Ezentis for a long time supporting the Company in its strategic roadmap. We are proud to have advised Ezentis in this strategic disinvestment in Latin America that will allow the Company to be focused in its new growth phase in the European market.”