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New Deal


Announced

Completed

Unifon completed the acquisition of Phonect from Contango Kapital.

Financials

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

Sources

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Tags

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Private

telecommunications provider

Majority

Norway

Mobile

Single Bidder

Private Equity

Disposal

Completed

Friendly

Acquisition

Synopsis

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Unifon, a mobile company, completed the acquisition of Phonect, a telephone company in Oslo, from Contango Kapital, a venture capital company. Financial terms were not disclosed. Unifon’s. CEO, Thore Berthelsen, expects Unifon to have a turnover of NOK250m in 2020, of which the original Unifon will account for NOK35m and Phonect the rest.

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