Sale of Citee’s managed services activities to NextiraOne (USA)
Following the receivership (“surséance”) of RealTime Companies, the subsidiary of the quoted RT Company N.V. (formerly known as ‘Newconomy’), PhiDelphi Corporate Finance was appointed by the receiver to sell the distressed assets. In a process of seven days PhiDelphi managed to sell Citee’s managed services activities (‘Citee SIMS’) to NextiraOne, the international IT services group owned by Platinum Equity of the United States.
NextiraOne is a total network solutions and services provider offering voice, data, converged technology and consulting solutions to carriers, enterprise and education customers. Headquartered in Houston and Paris, NextiraOne offers clients a global network of operations, with offices in North America, Mexico and throughout Europe. Los Angeles-based venture capital company Platinum Equity owns NextiraOne.