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New Deal


Announced

DigitalBridge to lead a £295m funding round in Netomnia and YouFibre.

Financials

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Transaction Value£295m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Acquisition

Minority

Friendly

Private

United Kingdom

Internet

fibre infrastructure

Private Equity

Pending

internet services

Synopsis

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DigitalBridge, a digital infrastructure REIT, agreed to lead a £295m ($385m) funding round in Netomnia, a provider of fiber-to-the-premises broadband services, and YouFibre, a full fibre broadband provider, with participation from Soho Square Capital and Advencap. “We are thrilled to partner with DigitalBridge and benefit from their support and industry expertise as we work towards our target of one million premises passed in the next two years. We are scaling rapidly and aim to play an active role in unleashing the UK’s digital potential by delivering the benefits that come with multi-gigabit fibre broadband," Jeremy Chelot, Netomnia CEO and Founder.

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