PE firm Epiris agrees to buy European enterprise communications provider Gamma Communications for about £1B, a 53% premium to Gamma's share price on April 7 (Shona Ghosh/Bloomberg)

Private equity firm Epiris agreed to acquire European enterprise communications provider Gamma Communications for roughly £1 billion, representing a 53% premium to Gamma’s share price on April 7. The deal values Gamma at approximately £1.5 billion enterprise-wide, positioning Epiris to expand its portfolio in the unified communications market.