KKR completed the acquisition of a majority stake in Hyperoptic, the UK’s largest residential gigabit broadband provider, from funds managed by Newlight Partners and Mubadala Investment Company. Financial terms were not disclosed. “Hyperoptic has a market-leading position and superior consumer product. The business is strongly positioned to meet the growing demand for full-fiber services in the UK through further investment and national roll-out, supporting housing development and renovation. Our investment in Hyperoptic builds on KKR’s strong track record in telecommunications infrastructure in Europe, investing in and deploying next-generation digital connectivity,” Vincent Policard and Cristina Gonzalez, KKR European Infrastructure Member and Director.