With Vivacom, we are pleased to acquire a dynamic telecom operator in a vibrant economy and a growing market that enables us to expand our geographic reach across Europe.”, Spas Roussev, Chairman of the Supervisory Board of Vivacom said “This transaction is a great success and a great opportunity for Vivacom, its clients, and more generally for Bulgaria. It now welcomes as new shareholders one of the most successful global investors with significant presence in Europe and North-America, BC Partners. Vivacom was put on sale earlier this year and United Group was in exclusive talks to buy the telecoms company, whose enterprise value market … Schoenherr is reporting that the United Group's EUR 1.2 billion acquisition of Vivacom (Bulgarian Telecommunications Company EAD), the largest telecom operator in Bulgaria — the deal that was signed in November 2019 and won CEE Legal Matters' 2019 Deal of the Year for Bulgaria — has closed. United Group announces first GIGA Cities on its GIGA Network, United Group Welcomes Tele2 Mobile Operator in Croatia, United Group renames Tele2 Croatia to Telemach Hrvatska with investment of EUR 230 mln. Financial Times reported in September United Group was one of two companies in the running to acquire the business, in deals which would value it … Bulgaria is an attractive market and this acquisition will enable us to diversify the Group further. This acquisition marks the second transaction since New York and London headquartered investment firm BC Partners’ March 2019 acquisition of United Group, in what was one of the largest ever transactions for the region. United Group completes Vivacom acquisition July 31, 2020 United Group, a telco and media operator in Southeast Europe, majority owned by BC Partners, has announced the completion of its acquisition of Vivacom. Victoriya Boklag, CEO of United Group, said, “Vivacom is a well-run company with strong management and I am excited at the opportunities we have to build an even stronger business. The acquisition will accelerate United Group’s growth, expand its geographic reach and cement its position as the industry leader in the region. Vivacom has been the largest domestic operator in Bulgaria in terms of revenues for the last seven years. 05.10.2018United Group announces first GIGA Cities on its GIGA Network, 05.03.2020United Group Welcomes Tele2 Mobile Operator in Croatia, 03.11.2020United Group renames Tele2 Croatia to Telemach Hrvatska with investment of EUR 230 mln. United Group has sealed a 1.2 billion euros deal ($1.3 billion) to acquire Vivacom, which was put up for sale this year, two sources familiar with the transaction said. “For Vivacom, joining the United Group family is a huge opportunity to accelerate the excellent results achieved so far in the Bulgarian market. Its market-leading position has been driven by strong understanding of customers’ needs and bringing technological innovations to provide advanced, high-quality services including fibre broadband, mobile communications and digital TV to private and commercial customers. Vivacom was put up for sale in July following a lengthy ownership battle. Vivacom provides services to over 1.8 million unique customers. Vivacom was the first telecommunications company in Bulgaria and has been the largest domestic operator in terms of revenues for the last seven years. It is the right time to take the next step and we look forward to working and sharing our collective experience with United Group to take our services in Bulgaria to the next level”, commented Atanas Dobrev, CEO of Vivacom. United Group welcomes Vivacom – the largest telecom operator in Bulgaria Vivacom Bulgaria, another successful telecommunications company, has officially become part of the United Group family. Bulgaria is an attractive market and this acquisition will enable us to diversify the Group further,” United Group … BC-backed United Group, Serbia’s largest cable company, is keen to consolidate the Balkan telecoms market and this year completed a takeover of Tele2 in Croatia for €220m. United Group, the leading telecommunications and media operator in Southeast Europe, majority owned by BC Partners, completed its acquisition of Vivacom. © 2015 - 2020 United Group B.V. All rights reserved. The transaction is expected to close in the second quarter of 2020, subject to conditions including receipt of applicable antitrust approvals. Thanks to great efforts of all, Vivacom has become one of the most successful European telecom companies. United Group, the leading telecoms and media business operating in South Eastern Europe, has agreed to acquire Vivacom, the largest telecoms operator in Bulgaria. The acquisition broadens United Group’s operations in the region to seven countries. 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