Buy-side Fundraising

Neva Telecom

In 2021, the Service Telecom Group acquired 100% of OOO "Neva Telecom" with the participation of Gazprombank as a financial partner.

The team of Salute Advisory was the investment advisor of the buyer.

The Service Telecom Group acquired the portfolio of Neva Telecom and negotiated further cooperation with Neva Telecom Service.

The signed agreement turns Service Telecom into the major operator of cellular infrastructure in Leningrad region. Consistent development through mergers and acquisitions yet again secures growth rates higher than market.

Evgeny Penkin, director of Salute Advisory