Delta Partners Invests in Aricent
By Delta Partners, PRNESaturday, January 30, 2010
DUBAI, UAE, January 31 - Delta Partners, the leading TMT advisory and investment firm in emerging
markets, is proud to announce it has become a shareholder in Aricent.
Aricent is a global innovation, technology and services
company focused exclusively on communications. Aricent combines the leading
innovation capabilities of frog design with unparalleled domain expertise in
communications as a strategic supplier to the world's foremost
infrastructure, application and service providers. The company's investors
include Kohlberg Kravis Roberts & Co., Sequoia Capital, The Family Office and
The Canadian Pension Plan Investment Board.
Delta Partners aims to support Aricent to accelerate its
positive momentum of engagements with leading infrastructure, application and
service providers worldwide, and in the Middle East and African region in
particular. "We believe Aricent provides tremendous opportunities for our
MENA Telecom Fund. Aricent has a top-notch management team, a strong Board of
Directors, a shareholders base including some of the world's most prominent
investors, and a robust record of growth," said Rogier van Driessche, partner
at Delta Partners. "Given that we share a focus on TMT, we expect to play an
active role in supporting their business in our region," added van Driessche.
"The Middle East and Africa regions represent some of the
highest growth markets for telecommunications, media and technology in the
world," said Sudip Nandy, chief executive officer at Aricent. "We are very
pleased to add Delta Partners as a new investor in Aricent, and look forward
to their expertise and support of our business."
The investment by Delta Partners into Aricent was executed
through the Delta Partners MENA Telecom Fund, a private equity fund focused
on investing in TMT companies, and it represents the sixth completed by the
Fund.
About Delta Partners
Delta Partners is the leading TMT advisory and investment firm in
emerging markets. With more than 150 professionals the firm operates across
50 markets in the Middle East, Africa, Eastern Europe and Emerging Asia.
Delta Partners provides three synergistic services: management advisory,
corporate finance and investments from its offices in the UAE, Bahrain, South
Africa, Spain and Singapore. Delta Partners delivers tangible results to its
clients and investors through its exclusive sector focus on telecom, media
and technology, and a unique approach to services, combining strategic advice
and a hands-on pragmatic approach.
For further information please contact: Mia Mutic Delta Partners +971-(4)-369-2999 mmu@deltapartnersgroup.com
www.deltapartnersgroup.com
For further information please contact: Mia Mutic, Delta Partners, +971-(4)-369-2999, mmu at deltapartnersgroup.com
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