HIG Capital Buys Aircom For $160M

Miami-based private-equity company, HIG Capital, has acquired mobile-phone services provider, Aircom International Group, for $160 million.

Miami-based private-equity company, HIG Capital, has acquired mobile-phone services provider, Aircom International Group, for $160 million, Bloomberg reports, citing The Sunday Times. The seller was Boston-based buyout firm, Advent International. Barclays and HSBC Holdings provided a joint debt package to Aircom, which has customers in 135 countries. Advent purchased Aircom’s stake in October 2005 from Nokia, adds Automated Trader.

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