Northleaf completed the acquisition of a majority stake in Quickline Communications from Harwood Capital-backed Bigblu Broadband for £49m.

Northleaf, a global private markets investment firm, completed its acquisition of a majority stake in Quickline Communications, a Yorkshire-based internet service provider, from Harwood Capital-backed Bigblu Broadband, a UK-based provider of broadband services, for £49m. "Receiving this kind of investment from Northleaf provides us with the ability to supply life-changing gigabit-capable broadband to hundreds of thousands of rural customers that previously were unable to access the internet at speed. We look forward to working alongside Northleaf to create this unique hybrid next-generation network, provide hundreds of jobs and build a business that provides new breakthroughs in internet connectivity for broadband users in remote pockets of the UK," Sean Royce, Quickline CEO.