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New Deal


Announced

Completed

Digital 9 Infrastructure completed the acquisition of 56% stake in Tetra Ireland from Eircom for $104m.

Financials

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Transaction Value£76m
Consideration TypeCash
Capital Owned-
Capital Bid For56%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Majority

Radio and TV Broadcasters

radio broadcasting

Ireland

Acquisition

Private

Friendly

Cross Border

Single Bidder

Completed

Synopsis

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Digital 9 Infrastructure, an externally managed investment trust, completed the acquisition of 56% stake in Tetra Ireland, an exclusive operator of public safety wireless networks across the Republic of Ireland, from Eircom, a large fixed, mobile and broadband telecommunications company, for $104m. “The acquisition is highly attractive and complementary to the growing D9 portfolio of digital infrastructure assets, providing additional long-term contracted, inflation-linked cash returns to investors,” Thor Johnsen, Digital 9 Investment Manager.

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