Ardian's Michael Obhof on closing MXT Holdings deal

Ardian has closed its acquisition of a 50% stake in Mexico-based telecommunications infrastructure provider MXT Holdings, Michael Obhof, senior managing director in Ardian's infrastructure team, tells Axios.

Why it matters: The deal is Ardian's first investment in Mexico, a market that Obhof identified as lucrative for mid-market infrastructure deals amid high valuations in the U.S.