Announced
Completed
Financials
Sources
Tags
IT Services: Other
Private
hybrid networks
Domestic
Completed
Single Bidder
Friendly
Acquisition
Minority
United Kingdom
Private Equity
Synopsis
Aviva Investors, a global asset management firm, completed the £45m investment in ITS Technology Group, a full fibre and hybrid networks provider. "Aviva Investors is pleased to support the roll-out of ITS’s full fibre broadband network. There is a clear and growing demand for this essential infrastructure across the country. The funding from Aviva Investors will allow ITS and its management team to build on its existing infrastructure and brand to accelerate its network expansion and to provide world-class infrastructure across the country," Sean McLachlan, Aviva Investors Senior Director.
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