Asterion Acquires Significant Stake in Retelit
February 11, 2021
Cleary Gottlieb represented Asterion Industrial Partners (Asterion) in the acquisitions that resulted in Marbles, a vehicle controlled by the Asterion fund, holding approximately 29% of the share capital of Retelit, becoming its largest shareholder.
Retelit, a company listed on the STAR segment of the MTA, is an independent Italian leader in the provision of wholesale fiber services, with a platform of approximately 16,000 km of fiber, including urban networks in 14 major cities, connecting more than 12,500 sites on the network.
Asterion is an independent private equity firm focused on investments in European mid-market infrastructure companies.