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Technology, Media and Telecommunications

Critical guidance on your journey

In an industry packed with ongoing technological breakthroughs, extraordinary opportunities will arise. Together with our committed M&A experts, located in the world’s crucial tech hubs, you can position your company for success. Whether you’re selling your business or driving the transformation forward, our experience in the TMT sector will balance risk and opportunity and support you in closing the best deals, providing you with M&A, growth equity and ECM, debt advisory and corporate finance services.

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Tet has acquired Telia Latvija from Telia Company
TMT

Tet has acquired Telia Latvija from Telia Company

Tet, the leading technology and entertainment operator in Latvia, has acquired Telia Latvija – a B2B telecom services provider – from Telia Company in a competitive auction process. The sale price corresponds to an enterprise value of US$11.5 million on a cash and debt free basis, representing a FY 2021 EV/EBITDA multiple of 10.0x.

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Digital Future has been acquired by UP Invest
Private Equity | TMT

Digital Future has been acquired by UP Invest

The private shareholders of Digital Future have sold the company to UP Invest.

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KnowledgePrice.com has been acquired by Sapiens International Corp
TMT

KnowledgePrice.com has been acquired by Sapiens International Corp

The shareholders of KnowledgePrice.com have sold the company to Sapiens International Corporation. Financial details have not been disclosed.

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“Tet’s strategy is to accelerate growth via acquisitions, and we are very excited about the opportunity to acquire Telia Latvia. We believe our businesses complement each other, especially within our data center and transmission business. We look forward to welcoming Telia Latvia and its employees to Tet and together, develop the business to the benefit of our customers, employees and the Latvian society at large.”

Uldis Tatarčuks

CEO, Tet

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Oaklins Baltics

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