InfraVia enters exclusive discussions to sell Celeste to CVC DIF
Type: Sale · Technology: Telecom · Country: null · Announced: 2026-01-14
CVC DIF is set to acquire French fiber operator Celeste from InfraVia Capital Partners following exclusive discussions. Celeste provides B2B fiber connectivity and data center services across France, leveraging its proprietary network. This.
Analysis
CVC DIF's entry into exclusive discussions for Celeste immediately signals a significant shift in ownership and strategic direction for the telecom operator. This acquisition positions Celeste for its next phase of growth under the stewardship of a leading global private markets manager. For InfraVia, the sale represents a strategic divestment from the telecom sector, allowing them to reallocate capital. CVC's investment on behalf of pension funds and other leading institutions demonstrates the continued institutional appetite for essential infrastructure assets.
Key points
- InfraVia Capital Partners, a leading European private equity firm, is divesting Celeste, described as a "strategic divestment...in the telecom sector."
- CVC DIF, a global private markets manager, is acquiring Celeste, investing on behalf of pension funds and other leading institutions.
- Celeste is simultaneously described as "focused on renewable energy investments and management" and as an asset in the "telecom sector" for InfraVia's divestment.
Counterparties
- CVC DIF (Buyer)
- Celeste (Seller)
- Infravia Capital Partners (Seller)