Goodwin’s Private Equity group led a multidisciplinary cross-border team as it advised long-time client GTT Communications (NYSE: GTT) on the completion of its acquisition of Interoute for approximately €1.9 billion ($2.3 billion). GTT expects to complete the integration of Interoute within three to four quarters after closing.
The addition of Interoute significantly augments GTT’s scale, expanding its Tier 1 global IP network with one of Europe’s most extensive fiber footprints, strengthening GTT’s leadership in software-defined wide area networking and enhancing GTT’s global team with a world-class sales, operations and customer service organization.
GTT Communications, Inc. provides multinationals with a better way to reach the cloud through its suite of cloud networking services, including wide area networking, internet, optical transport, managed services, voice and video services.
The Goodwin team was led by partners Gemma Roberts and Anna Dodson and included partners James Barri, Janet Andolina, Simon Fulbrook, Alexandrine Armstrong-Cerfontaine, Stephan Kock, Arnaud Fromion and Melissa Schwab Wright; associates Dylan Brown, Richard Hughes, Dennis O’Reilly, Reid Bagwell, Laurence Bonnet; and consultant Oana Millich.
For additional details on the acquisition, please read the press release.