We are advising Comcast Business on the acquisition 

Davis Polk is advising Comcast Business on its acquisition of Nitel from Cinven. The transaction is subject to regulatory approvals and other customary closing conditions. Financial terms of the acquisition were not disclosed.

Comcast Business offers leading global businesses the technology solutions and forward-thinking partnership they need. With a full suite of solutions including fast, reliable connectivity, secure networking solutions and advanced cybersecurity and a range of managed service options, Comcast Business is ready to meet the needs of businesses of all sizes.

Nitel is a network as a service (NaaS) provider. Nitel simplifies the complex technology challenges of today’s enterprise organizations to create seamless and integrated managed network and security solutions to help customers meet the demands of digital transformation.

The Davis Polk corporate team includes partner Brian Wolfe and associate Tully Moyer. Partner Patrick E. Sigmon and associate Constance Zhang are providing tax advice. Partner Pritesh P. Shah and associate Shreya R. Kundur are providing intellectual property advice. Partner Kyoko Takahashi Lin and associate Justin Alexander Kasprisin are providing executive compensation advice. Partner Arthur J. Burke and counsel Christopher Lynch are providing antitrust and competition advice. All members of the Davis Polk team are based in the New York office.

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