RocaJunyent advises on the sale of XTA

RocaJunyent has advised on the sale of the catalan firm Xarxes de Telecomunicacions Alternatives (XTA) to the infrastructure fund Asterion Industrial Partners.

Joan de Figarolas Bosch (partner), Francesc A. Baygual (partner) and Erik Martín Marcos (special counsel) have been in charge of providing legal advice on this operation.

Asterion will invest up to €100 million with the aim of expanding XTA’s services throughout Cataluña and further strengthening its presence in the fibre optic business.

XTA was founded in 2009 and has more than 14,500 customers. In 2022, it closed with a turnover of more than 8 million euros, 18% higher than the previous year.

Julia Gil