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Sell-side
2017
sold to
Client:Treetop
Action:sold to
3rd Party:Telkea Luxembourg
Date:2017
Sector:IT Services
Type:Sell-side
IT Services
TENZING Partners acted as exclusive financial advisor to the shareholders of Tree Top Group on its sale to Telkea ICT S.A., facilitating a strategic transaction in Luxembourg’s IT and telecommunications sector.
Established in 1988, Tree Top Group is a Luxembourg-based company specializing in comprehensive IT and telecommunications solutions. The company offers services including network management, system maintenance, and IT consulting, catering to a diverse clientele. Over nearly three decades, Tree Top has built a reputation for delivering high-quality, tailored solutions to meet the evolving needs of its customers.
Telkea ICT S.A. is a prominent Luxembourg-based provider of IT and telecommunications services. With a focus on integrating advanced technologies, Telkea offers a range of solutions designed to enhance business operations. The company’s commitment to innovation and customer satisfaction has solidified its position as a leader in the local market.
Transaction Highlights
Completed in October 2017, the acquisition was structured to:
Ensure the continuity and growth of Tree Top Group under new ownership.
Leverage synergies between Tree Top’s specialized services and Telkea’s extensive market presence.
Enhance the combined entity’s ability to offer comprehensive IT and telecommunications solutions to a broader customer base.
Fernand Zanen, CEO of Tree Top Group, expressed confidence in the merger, stating that Telkea’s values and scale would provide a nurturing environment for the company’s employees and customers.
Tenzing Partners played a pivotal role in structuring the transaction, ensuring a seamless transition that aligns with the strategic objectives of both companies.
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