Circet España has acquired part of Comfica's telecommunications operations to strengthen its market presence and enhance service capabilities in Spain.

Target Company Overview

Circet España has engaged Eight Advisory as a financial advisor in its acquisition of a portion of Comfica's operations, a Spanish company specializing in telecommunications. This strategic move allows Circet to enhance its offerings and increase its market presence.

Circet is the leading provider of telecom infrastructure services in Europe and holds a significant position in the global telecommunications industry. With a presence in 13 countries across Europe, North Africa, and the Americas, Circet serves major telecommunications operators, telecom equipment manufacturers, tower companies, local authorities, and specialized agents in rural deployment for digital divide reduction, along with large public and private accounts and smart cities that own infrastructure.

Industry Overview in Spain

The telecommunications sector in Spain has demonstrated substantial growth, driven by increasing demand for high-speed internet and mobile connectivity. The country is witnessing a rapid digit