Ardian has signed an agreement to acquire a 50% co-control equity interest in MXT Holdings (MXT). 

Ardian's investment in MXT Holdings will provide support for the company's recent asset swap involving 200 towers and 1,800 km of metro fiber from Telefónica. Additionally, the investment will facilitate strategic acquisitions that will significantly expand MXT's portfolio. The funding for these transactions will come from primary equity raised by Ardian and existing shareholder Mexico Infrastructure Partners (MIP). MXT Holdings specializes in the development, acquisition, ownership, and operation of neutral-host communication infrastructure assets throughout Mexico. Their services encompass wireless and fiber solutions. This investment marks Ardian's first direct venture in Mexico and represents the second transaction from the Ardian Americas Infrastructure Fund (AAIF) V. 

The transaction is projected to conclude in the 2H of 2023, enabling MXT to leverage Ardian's investment to fuel its growth and further strengthen its presence in the Mexican market.