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New Deal


Announced

OMERS Infrastructure to invest in Beanfield Technologies.

Financials

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

Tags

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Acquisition

Private

Private Equity

Pending

Canada

Digital Services

bandwidth infrastructure

Domestic

Minority

Friendly

Single Bidder

Synopsis

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OMERS Infrastructure, a private equity firm, agreed to invest in Beanfield Technologies, a facilities-based telecommunications carrier. Financial terms were not disclosed. “We are pleased to support Beanfield’s relentless focus on delivering high-quality, cost-effective broadband connectivity to more Canadians and proud to partner with Beanfield’s management team and DigitalBridge, a leading sector-focused investor. Investing in the critical digital infrastructure sector in our home market has been a priority for us and we are delighted to enter into this partnership,” Gisele Everett, OMERS Infrastructure Senior Managing Director and Head of Americas.

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