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New Deal


Announced

APG and IMCO to acquire euNetworks from Stonepeak.

Financials

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

Tags

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Pending

Friendly

Cross Border

Majority

Acquisition

Private Equity

Telecommunications Services: Other

online data storage

fibre infrastructure

fibre network services

Singapore

Private

Synopsis

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APG Asset Management, an investment management firm, and IMCO, an independent long term investor for Ontario's public sector, agreed to acquire euNetworks, a Western European bandwidth infrastructure company, from Stonepeak, an alternative investment firm. Financial terms were not disclosed. “We have been impressed by euNetworks’ focus on sustainable growth and providing compelling connectivity solutions to its customers. We are thrilled to be entering into this partnership, on behalf of our pension fund client ABP, and are eager to support the euNetworks team as they continue to develop and further their strategic vision,” Arjan Reinders, APG Head of Infrastructure Europe.

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