Private equity firm CVC DIF is currently negotiating to acquire an 88 percent stake in Celeste, a French B2B digital infrastructure operator. This potential deal positions the investor to take majority control of the company, signaling a strategic move into the European data and connectivity market.

Celeste provides the backbone for enterprise connectivity, a sector seeing intense consolidation as demand for cloud services and data storage surges. Acquiring a controlling interest allows CVC to steer growth strategy and potentially integrate Celeste with other portfolio assets, capitalizing on the digital transformation wave across industries.

Industry observers will be watching for the final valuation and any mandatory regulatory approvals required for such a significant transfer of ownership. If the deal closes, it represents another major private equity play in European infrastructure, following a trend of investors seeking stable, long-term returns from essential tech assets.