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New Deal


Announced

TravelWifi to acquire Wifi Republic.

Financials

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

Tags

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Single Bidder

Pending

Acquisition

Private

Friendly

Cross Border

mobile Wi-Fi

Majority

Internet

Indonesia

Synopsis

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TravelWifi, the Houston-based telecommunications company, agreed to acquire Wifi Republic, a provider of mobile Wi-Fi solutions in Indonesia. Financial terms were not disclosed. “It just makes sense for Wifi Republic to join the growing family of TravelWifi companies. The acquisition further strengthens our goal to become a global leader of mobile Wi-Fi solutions,” Wallace Davis, TravelWifi CEO.

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