US EditionThe Spanish Fund Nazca Buys the Teltronic Zaragozana for 120 Million
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The emergence of Saudi Telecom Group (STC) into Telefónica’s share capital was not without controversy. The operation carried out by the Saudi mobile operator was involved in the controversy, having to receive the green light from the government in order to own more than 5% of the share capital. The reason is that the Spanish telecommunications company is considered a strategic company due to its links with the national defense. The Saudi firm, …
The manager of venture capital funds Nazca Capital has signed with the Chinese company Hytera Communications the purchase of 100% of the capital of Teltronic, a company based in Zaragoza specialized in the design, manufacture and deployment of equipment and communications systems of critical mission.The acquisition is the first operation of the vehicle Nazca Aerospace and Defense Innvierte I FCR, the largest defense fund in Spain that aspires to…
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elcorreoweb.esThe Spanish venture capital fund Nazca Capital announced on Monday the purchase of all the shares of Teltronic, a company specializing in critical mission communications, for 120 million euros including the debt to the Chinese company Hytera Communications. This is the first investment of the fund ‘Nazca Aerospace and Defense I FCR’, the largest specialized investment vehicle in defense created to date in Spain, with a projected size of up to 60…
MADRID, 21 (EUROPA PRESS) The firm Nazca Capital announced this Monday the first operation of its defense fund, the largest in Spain and that it plans to reach a size of up to 600 million euros, having agreed with Hytera Communications the purchase of Teltronic's property. The entity has explained in [...] La entrada Nazca Capital premieres its defense fund with the total acquisition of Teltronic aparece primero en Forbes España.
Carlos Carbó’s venture capital manager closes the first operation through its brand new Defensa fund, which has a target size of 600 million euros. Read
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