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Latham Advises Ardian on the Financing of its Acquisition of Aire Networks
June 24, 2022
Paris finance team represents world leading private investment house in the transaction.
Latham & Watkins has advised Ardian, a world leading private investment house, on the €300 million unitranche financing of its buy-out of Aire Networks group from Magnum Capital Industrial Partners and founders. The financing is provided by Ares.
Aire Networks is headquartered in Alicante, and provides telecommunications services for operators and companies, offering connectivity, digitalisation and digital transformation services based on cloud and neutral fibre. The company is a market-leader in Spain and Portugal, and is developing an international expansion plan.
The Latham & Watkins team advising Ardian was led by finance partners Xavier Farde and Carla-Sophie Imperadeiro, assisted by associate Matthieu Herviaux.