Goldenhill International M&A Advisors today announced that it acted as M&A advisor to InternetQ plc (“InternetQ”) in its acquisition of Pan-Latin America based Interacel Holdings LLC (“Interacel”), one of Latin America’s fastest growing mobile service providers.
Interacel is active in some of the world’s fastest growing mobile markets and has direct connectivity agreements with mobile network operators in 11 countries across the Americas. Interacel also holds strategic partnerships with national media companies, including the Albavisión network, the owners of multiple television and radio stations across Latin America.
InternetQ expects this acquisition will accelerate its growth across Latin America, providing an established platform from which to upsell the Company’s mobile marketing, Akazoo music streaming and Minimob smart advertising services directly to mobile network operators and media brands.
Commenting on the contribution of Goldenhill to the transaction, Panagiotis Dimitropoulos, Chief Executive Officer of InternetQ remarked:
“Goldenhill performed a thorough analysis of the Latin American market helping us to identify ideal acquisition candidates for expansion in the region. They also were instrumental in assisting us to evaluate these companies which ultimately resulted in the acquisition of Interacel. Goldenhill’s presence in Latin America and experience in the mobile and Internet sectors were certainly valuable assets in helping us to pursue our growth and expansion strategy in high growth Latin American markets.”