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New Deal


Announced

Infratil to acquire a 80% stake in Console Connect from HKT for $160m.

Financials

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Transaction Value£124m
Consideration TypeCash
Capital Owned-
Capital Bid For80%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Pending

software company

Software

Cross Border

Majority

Single Bidder

Australia

Acquisition

Private

Private Equity

Friendly

Synopsis

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Infratil, an infrastructure investment company, agreed to acquire a 80% stake in Console Connect, a software-defined interconnection platform, from HKT, a telecommunications company, for $160m. “Console Connect is a leading global software-defined interconnection platform, and this acquisition is a continuation of our conviction in the tailwinds of the digital infrastructure sector. It enables us to invest in building a next generation platform to support underlying growth in the demand for digital infrastructure and global connectivity solutions by enterprise and wholesale users," Jason Boyes, Infratil CEO.

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