65% stake in Acentic Holding GMBH

Advisor to seller

Acentic Holding GMBH, United Kingdom

Provides in-room digital entertainment and services in hotels

Philweb Corporation and ISM Communications Corporation, Philippines

Provide information technology, telecommunications and gaming expertise

Advised Acentic on identifying relevant trade buyers particularly in the hotel PayTV market. The controlling stake in Acentic owned by GI Partners, a leading private equity firm focused on asset backed investments in North America and Western Europe, was acquired for a cash consideration of US$28.5 million. The remaining 35% of Acentic will continue to be owned by Niantic Holdings GmbH, a German company controlled by Dr. Andreas Jacobs of the renowned chocolate family.