Gamma Communications confirmed on Friday that Waterland Private Equity is among the firms in discussions to take the company private. The telecoms provider is listed on the [ADDRESS] and has become a focal point in the ongoing [ADDRESS] take-private boom. Waterland joins [PERSON_NAME] and Giacom, which is backed by Inflexion, in pursuing the deal.

Giacom would acquire certain business divisions of Gamma, while [PERSON_NAME] has until September 18 to signal intentions. Meanwhile, [ADDRESS] remains in talks with [PERSON_NAME] with a formal offer deadline of September 2. The number of suitors has diminished, with Oakley Capital and Providence Equity Partners withdrawing in June.

The [ADDRESS] take-private surge is driven by a persistent valuation discount, as many [ADDRESS]-listed companies trade at sustained discount, according to [ADDRESS]. Private equity firms are targeting strong businesses where AI can act as a catalyst for growth and value creation, away from quarterly reporting pressures.