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Announced

Completed

Digital Colony completed the acquisition of Beanfield Technologies $194m.

Financials

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Transaction Value£146m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Digital Services

Canada

bandwidth infrastructure

Acquisition

Majority

Private

Friendly

Single Bidder

Completed

Private Equity

Synopsis

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Digital Colony, the global digital infrastructure investment platform of Colony Capital, completed the acquisition of Beanfield Technologies, an independent bandwidth infrastructure provider in Canada serving the enterprise, carrier and multi-dwelling units markets, for $194m. “As our customers require more bandwidth and faster speeds, our goal is to not only meet their increasing needs, but also find new ways to support them with access to additional resources and Digital Colony’s vast experience in indoor and outdoor small cells. We are extremely happy to partner with Digital Colony. Their support, guidance and sector expertise will be key assets as we enter new markets and verticals, and broaden our carrier, commercial and large-scale residential customer base,” Dan Armstrong, Founder and CEO.

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