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New Deal


Announced

BC Partners-backed United Group to invest in Forthnet.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For36%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Greece

telecommunications provider

pay-tv

Mobile

Acquisition

Minority

Private

Private Equity

Pending

Friendly

Single Bidder

Synopsis

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BC Partners-backed United Group, a telecoms and media operator in South Eastern Europe, agreed to invest in Forthnet, a telecoms and pay-TV provider in Greece. Financial terms were not disclosed. "We are pleased that Forthnet will be joining United Group and I’m excited that we continue to strengthen our business and provide our customers across the region with a broad range of cutting-edge services. We see significant opportunity to work with Forthnet to drive growth in Pay-TV services and to launch into the mobile phone market and are pleased to be expanding our reach into the Greek market," Victoriya Boklag, United Group CEO.

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