Helping Inmates Reintegrate

Deutsche Beteiligungs AG (DBAG) has sold its majority stake in Germany-based prison communication systems provider Telio to Charterhouse Capital Partners.

Telio develops, installs and operates communications and media systems for correctional facilities, thus providing a material contribution to the reintegration of inmates into society. This allows inmates to make monitored calls from communal areas or directly from their cells maintaining a relationship to the outside world. Telio offers a full range of voice, data, entertainment and educational services.

The sale process was run by GCA Altium out of Zurich.

Crescendo Partners was responsible for creating the management presentation and coaching the Telio management team.