Announced
Completed
Financials
Tags
Friendly
Private Equity
Ireland
Cross Border
Majority
Single Bidder
telecom services
Telecommunications Services: Other
Acquisition
Private
Completed
Synopsis
Cordiant Digital Infrastructure, an operationally focused specialist digital infrastructure investor, completed the acquisition of Speed Fibre, an open access fibre infrastructure provider, for €191m ($207m). "We are delighted to welcome Speed Fibre into CORD's portfolio, which is now further diversified by asset class and geography. Fibre remains an integral part of digital infrastructure, supporting economic growth and social connectivity. As we remain committed to our "Buy, Build, and Grow" model, the plan is to invest further in Speed Fibre's network and work closely with the Irish government and local partners to extend high-speed digital access. This will nurture domestic innovation and provide a thriving ecosystem for both multi nationals and homegrown tech companies to flourish," Steven Marshall, Cordiant Capital Chairman of Digital Infrastructure.
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