Deal snapshot: Providence Agrees to Acquire Turkish Wi-Fi Solutions Provider Airties.

MANews-(C)2009-2022

Turkey based managed in-home Wi-Fi solutions provider Airties, in conjunction with its board and principal shareholders, including evergreen equity investor Invus, have agreed to the acquisition of the company by New York-based private equity firm Providence Equity Partners, the company said.

Financial terms of the transaction were not disclosed. The transaction aims to accelerate smart...

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