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New Deal


Announced

Completed

Ares Management and Amber Infrastructure led a £300m round in toob.

Financials

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Transaction Value£300m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United Kingdom

fibre network

Telecommunications Services: Other

Acquisition

Cross Border

Private

Minority

Private Equity

Completed

Friendly

Single Bidder

Synopsis

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Ares Management and Amber Infrastructure, two investors, led a £300m round in toob, a regional fibre network provider. “We are delighted to have the financial support of James and the team at Ares. This complements the backing we have enjoyed from Amber Infrastructure since late 2018. toob has always focused on delivering for our customers through a simple and compelling broadband proposition," Nick Parbutt, toob CEO.

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