Announced
Completed
Financials
Tags
Telecommunications Services: Other
Friendly
Acquisition
Private
Private Equity
Germany
Cross Border
telecommunication services
Single Bidder
Majority
Completed
Synopsis
3i Infrastructure, a closed-ended investment company, agreed to acquire a 60% stake in DNS:NET, a provider of elecommunications, Internet and data-centre services, from Deutsche Beteiligungs, a private equity firm, for $213m. “For businesses and consumers alike, fibre connectivity is increasingly a necessity as data and computing power moves to the cloud. Alexander has built a highly successful business over more than 20 years and we look forward to partnering with him and his management team as DNS:NET rolls out its fibre-to-the-home offering in Berlin and the surrounding area," Phil White, 3i Investments Managing Partner and Head of Infrastructure.
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