Sky News reported that the formerly state-owned company is holding talks with London-based Mayfair Equity Partners, with the asking price likely to be in excess of €300mln.
Exclusive: BT Group is in exclusive talks to sell its corporate business in Ireland to Mayfair Equity Partners, a London-based private equity group that owns stakes in Ovo Energy and Yo! Sushi. The value of the BT Ireland deal is likely to be more than €300m.— Mark Kleinman (@MarkKleinmanSky) August 22, 2019
Mayfair Equity Partners provide buyout and growth capital to dynamic businesses in the technology, media & telecom and consumer sectors.
It has invested in Yo!, the fast-casual restaurant operator focusing on Japanese cuisine, and Ovo, the independent supplier of domestic energy.