Travers Smith acts on the acquisition of GTS by Deutsche Telekom
A Travers Smith team led by private equity partner Philip Sanderson and senior corporate associate Adam Orr has advised Deutsche Telekom on its acquisition of GTS Central Europe for a total consideration of €546m.
Deutsche Telekom is acquiring GTS from a consortium of international private equity firms, including Columbia Capital, HarbourVest Partners, Innova Capital and M/C Partners. The transaction is subject to regulatory approvals.