Announced
Financials
Tags
Acquisition
Cross Border
Single Bidder
Friendly
Chile
Pending
Majority
Private
Private Equity
Internet
telecommunications services
Synopsis
DigitalBridge, a global digital infrastructure REIT, agreed to acquire Mundo, a provider of residential telecommunication and internet services, from Linzor Capital, a private equity firm. Financial terms were not disclosed. “We were able to grow really fast, taking advantage of the opportunities that exist in FTTH. We are proud of our contribution to help reduce the digital gap in the country, by bringing high-speed fiber optic internet at competitive prices to many underserved locations where there was no connectivity. Mundo is now in great hands with its new shareholder DigitalBridge and the management team that remains in the company," Matias Gutierrez, Linzor Capital Partner.
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