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New Deal


Announced

Completed

EQT completed the €250m financing round for Adamo.

Financials

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Transaction Value£225m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Acquisition

Cross Border

Completed

Telecommunications Services: Other

Single Bidder

Minority

Friendly

Internet

Private

internet service provider

Spain

Private Equity

Synopsis

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EQT completed the €250m financing round for Adamo. Adamo was the first operator in Spain to offer 1kMbps fiber services. Its strategy is to deploy its network in rural areas where there is practically no high-speed internet access and where other operators often do not reach. "Adamo has again a great institutional support which is undoubtedly key to continue its successful path and, at the same time, it shows the capacity of growth ahead. From EQT we will continue to support the company in providing such an indispensable quality service in the rural regions of Spain," Carlos Santana, EQT Partners managing director.

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