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New Deal


Announced

Completed

Cordiant Digital completed the acquisition of Emitel from Astatine Investment Partners for $460m.

Financials

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Transaction Value£352m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Cross Border

Poland

Private

Private Equity

wireless communications

Friendly

Cable Television

Acquisition

Single Bidder

Completed

Synopsis

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Cordiant Digital, a specialist investment fund, completed the acquisition of Emitel, an operator of terrestrial radio and television infrastructure, from Astatine Investment Partners, a private equity firm, for $460m. “In Cordiant we have an investor bringing both a long investment horizon and significant industry expertise; as such it can deploy capital, insight and patience to support us in our medium- and long-term growth plans in broadcasting and become an even more significant provider of outsourced digital infrastructure. We look forward to working with the Cordiant Digital team," Andrzej J. Kozlowski, Emitel CEO.

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