Ardian has acquired a majority stake in telecommunications services company Aire Networks from Magnum Capital for an undisclosed amount. The acquisition was made through Ardian’s latest buyout fund.
Aire Networks provides telecommunications services for operators and companies, offering connectivity, digitalization and digital transformation services based on cloud and neutral fiber. The company has a strong presence in Spain and Portugal and is developing an international expansion plan.
Aire Networks has acquired several other operators since 2019, including Unelink and Prored, its rival LCRcom, and the Portuguese company AR Telecom. It aims to further expand its portfolio of products and services as well as strengthen its geographical presence.
Founders Raul Aledo, Miguel Tecles and Emilio Gras, who currently serve as CEO, CTO and CIO, respectively, maintain their stake in Aire Networks. The Ardian buyout team will work together with the Aire Networks manag
