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New Deal


Announced

Completed

Basalt completed the acquisition of bn:t and SOCO from Adiuva Capital.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Germany

Telecommunications Services: Other

telecommunications provider

Acquisition

Majority

Private

Private Equity

Completed

Friendly

Single Bidder

Synopsis

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Basalt Infrastructure Partners, an independent infrastructure investment firm, completed the acquisition of Blatzheim Networks Telecom and SOCO Network Solutions, two telecommunication providers, from Adiuva Capital, a German-based private equity firm. Financial terms were not disclosed. “We are very excited by the acquisitions of bn:t and SOCO. We are keen to support the companies on with their strong growth trajectories through further capital investment, while continuing to leverage the existing established network assets. We look forward to working closely with the management team and employees to deliver reliable and high-speed broadband to existing customers and underserved homes,” Steven Lowry, Basalt's Partner.

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