Epiris, Oakley Consortium Join Fray for Gamma Communications

UK buyout firm Epiris and a separate Oakley Capital-backed investor group are in talks about a potential acquisition of London-listed telecommunication services company Gamma Communications Plc.

The two suitors have been holding preliminary discussions with Gamma about a deal, according to a statement Friday that confirmed an earlier Bloomberg News report. Oakley is in a consortium with Giacom, a cloud and communications platform backed by private equity firm Inflexion and British entrepreneur Matthew Riley, Gamma said in the statement.