Goodwin’s Private Equity group led a multidisciplinary cross-border team as it advised long-time client GTT Communications (NYSE: GTT) on the completion of its acquisition of Interoute, for approximately EUR1.9 billion (USD2.3 billion).
GTT expects to complete the integration of Interoute within three to four quarters after closing.
The addition of Interoute significantly augments GTT’s scale, expanding its Tier 1 global IP network with one of Europe’s most extensive fibre footprints, strengthening GTT’s leadership in software-defined wide area networking and enhancing GTT’s global team with a world-class sales, operations and customer service organisation.
GTT Communications, Inc. provides multinationals with a better way to reach the cloud through its suite of cloud networking services, including wide area networking, internet, optical transport, managed services, voice and video services.
The Goodwin team was led by partners Jay Schifferli, Gemma Roberts and Anna Dodson and included partners James Barri, Janet Andolina and Simon Fulbrook; counsel Melissa Schwab Wright; and associates Dylan Brown, Anna Cooklin, Richard Hughes, Dennis O’Reilly, Reid Bagwell, Emily Campbell and Autri Saha.
