Advising TXO on acquisition of Lynx UK
Capital Law has advised TXO on the acquisition of specialist network decommissioning and engineering solutions provider, Lynx UK.
TXO is a leading provider of end-to-end circular telecom network solutions, headquartered in Wales, with a global presence. As telecom operators attempt to juggle continuous network technology innovation while improving their sustainability and environmental impact, the circular economy offers a resolution to this challenge.
TXO supports this journey with end-to-end solutions and services across the equipment lifecycle, from decommissioning and recovery, testing and repair, product supply, reselling, recycling, to other support services. Lynx UK is a specialist network decommissioning and engineering solutions provider. The addition of the Lynx team will allow TXO to deliver turnkey decommissioning, asset management, engineering and test and repair services.
Earlier this year Capital Law advised the shareholders of TXO on the acquisition of a majority stake by London and New York based private equity investment firm TowerBrook. With TowerBrook’s support, TXO continues scaling, expanding into international markets and pursuing strategic acquisitions.
TXO were advised by Capital Law’s Angelina Drljaca-Chandler, Melanie Williams, and Sara De Rinaldis. Momentum Corporate Finance also advised TXO on the deal.
Angelina Drljaca-Chandler, Capital Law’s corporate & private equity partner, said:
We are delighted to have advised TXO on this acquisition. It is amazing to watch TXO grow domestically and internationally led by such an experienced management team. We look forward to supporting them further in their growth.
TXO group chief executive Darren Pearce, said:
We are excited to welcome our new Lynx colleagues to TXO and believe their expertise will be crucial in bringing about our shared mission of delivering solutions that embed circular economy principles in the telecoms industry. Capital Law’s expertise has been essential in acquiring Lynx UK, strengthening TXO’s dedication to delivering sustainable telecom solutions worldwide.
