Announced
Financials
Tags
Cross Border
Pending
Single Bidder
Majority
Hong Kong
Acquisition
Private Equity
Singapore
connectivity services
Friendly
Private
Telecommunications infrastructure
Synopsis
Private equity firms DigitalBridge and Columbia Capital, agreed to acquire Singaporean and Hong Kong operations of Superloop, a connectivity services provider, for $104m. “We are excited to announce our first fiber investment in the Asia Pacific region. Additionally, it is a terrific opportunity to partner with two leading industry players, investing alongside the experienced team at Columbia Capital and entering a long-term strategic partnership with Superloop to capitalize on the significant growth in network demand we see ahead," Justin Chang, DigitalBridge Managing Director.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.