From Pulse 2.0 · Amit Chowdhry · · 50s
Apax Acquires Warburg Pincus Stake In Odido
Apax to buy Warburg Pincus' stake in Dutch telecom Odido for next phase of growth.
In brief
Apax to buy Warburg Pincus' stake in Dutch telecom Odido for next phase of growth. Apax Partners will acquire Warburg Pincus' shareholding in Odido Netherlands Holding to support continued investment in its network and customer services. Originally reported by Pulse 2.0.
Apax Acquires Warburg Pincus Stake
Apax Partners agreed to acquire Warburg Pincus' shareholding in Odido Netherlands Holding for continued long-term ownership.
Odido's Growth Since 2022
Odido separated from Deutsche Telekom and Tele2 in 2022, rebranded, modernized its 5G network, and expanded access to the largest fiber footprint in the Netherlands.
Apax's Next Phase Plan
Apax plans to continue supporting investment in Odido's network, customer experience, security, and digital inclusion initiatives.
Continuity For Management
The transaction ensures continuity for Odido's management team, employees, and customers through the same strategy and customer focus.
The one thing
Apax Partners will acquire Warburg Pincus' shareholding in Odido Netherlands Holding to support continued investment in its network and customer services.
