Two Firms Dial Antin’s Majority Stake Buy in OpticalTel

Greenberg Traurig is advising French private equity firm Antin Infrastructure Partners on its acquisition of a majority stake in OpticalTel, a fiber broadband provider in Florida’s fast-growing market.

Latham & Watkins is counseling Miami-based OpticalTel on the transaction, which is expected to close in 2023’s first quarter. OpticalTel is Paris-based Antin’s sixth investment through its mid cap fund, according to a statement. No financial details were provided for the transaction.

Founded in 2004, OpticalTel provides high-speed internet and telecommunication services, with a focus on residential bulk contracts to customers located in homeowners and condo-owners associations. Its founder, Mario Bustamante, will ...