The telecom support services of ELMO
- acquired by -
Solutions 30

Aventis advised Solutions 30 on its acquisition of ELMO, a construction company based in Eastern Poland, specializing in power grid, road, and infrastructure work. Solutions 30 is a European IT and telecom services provider listed on Euronext Growth in Paris.

Background

Solutions 30 operates across France, Benelux, Germany, Italy, and Spain, with a focus on European expansion through M&A. The company aimed to enter the Polish market through acquisitions.

The Challenge

ELMO, a construction company based in Eastern Poland, specializes in power grid, road, and infrastructure work. Its telecom support services, a key part of the business, were a preferred partner for Orange Poland, with a network of 620 technicians providing services to over 900,000 customers. ELMO’s telecom division generates annual revenues of €15 million. Solutions 30 sought to acquire ELMO’s telecom operations to expand its footprint in Poland.

Transaction

Aventis Advisors acted as the exclusive financial advisor to Solutions 30, providing support throughout the process by:

• Conducting a market screening to identify suitable targets
• Approaching ELMO for the acquisition of its telecom support services business
• Coordinating the due diligence process
• Leading SPA negotiations
• Facilitating the asset deal in November 2019, securing ELMO’s telecom support services for Solutions 30

Outcome

The acquisition of ELMO’s telecom support services enabled Solutions 30 to successfully enter the Polish market, enhancing its service offerings and expanding its customer base in the region.

Looking Ahead

The acquisition strengthens Solutions 30’s presence in Eastern Europe, positioning the company to further grow its telecom services across the region.

Aventis Advisors Will Help You Navigate the Polish M&A Landscape

While evaluating financials is important, acquiring a company involves much more. It’s about finding the right cultural fit, understanding market trends, and ensuring a seamless integration post-acquisition. Polish M&A advisors bring local expertise, alongside helping you identify the most strategic acquisition targets, navigate the complexities of the deal, and improve the probability of a transaction.

Aventis Advisors is a Polish M&A advisor focusing on IT services, software, and business services companies. Our team has accumulated significant know-how in helping international buyers navigate the unique complexities of investing in Poland. With our experience in bringing together foreign investors and Polish targets, you can trust us to take care of all your investment needs – from understanding complex financials to bridging cultural gaps!

Contact us if you want to learn more about M&A in Poland. We would be happy to answer any of your questions and find the best deals for you.