Quaestus Private Equity Exits Metronet Telekomunikacije to Telekom Austria Group (CEE and CIS)

Source: Telekom Austria Group, unquote”  |  Author(s): Amedeo Goria

Central and Eastern Europe-focused private equity firm Quaestus Private Equity has exited its stake in Croatia-based fixed-line provider Metronet Telekomunikacije to Vipnet, the Croatian subsidiary of Telekom Austria Group. Quaestus originally invested in Metronet in 2005 through its first fund, Quaestus Private Equity Kapital. The transaction, which is pending regulatory approval, is expected to close in the first quarter of 2017. Financial details of the transaction were not disclosed.