.
MergerLinks Header Logo

New Deal


Announced

Completed

Triple Point Investment Management completed the acquisition of Aqua Comms for £160m.

Financials

Edit Data
Transaction Value£160m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales7x
EV/EBITDA12x
Share Price Premium-
One Off Charge-

Tags

Edit

Single Bidder

Private

Telecommunications Equipment

Acquisition

Private Equity

Completed

submarine cable systems

Friendly

Ireland

Majority

Domestic

Synopsis

Edit

Triple Point Investment Management, an investment management company, completed the acquisition of Aqua Comms, a platform owning and operating some 14,300km of the most reliable and resilient trans-Atlantic sub-sea fibre systems, for £160m ($221m). "Digital 9 Infrastructure meets the combined needs of rapid deployment into the world's internet infrastructure, and investors' search for resilient, uncorrelated yield. By investing in operational businesses and projects, we believe DGI9 offers investors sector-leading income and target returns, backed from day one by operational revenues," James Crammer, Triple Point Managing Partner.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US