Adista and Unyc Sign Strategic Partnership
Paris – Paul Hastings (Europe) LLP advised Adista in connection with the signing of an exclusive agreement with unyc, which will create a new group between the leading alternative B2B cloud and communications operator in France and the major player in the indirect sale of telecom services.
The combined group of 900 employees, with the support of Keensight Capital, will generate revenues of €220 million. Together, Adista and unyc aim to generate revenues of €500 million by 2025 and to position themselves as the leading competitor for established cloud and telecom operators.
Within the new group, each company will retain its own business. Adista will focus exclusively on direct sales under the Adista, Waycom and Fingerprint brands, while unyc will concentrate its activity on indirect sales - white label and distribution.
Paul Hastings’ team on this transaction was led by
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