Announced
Completed
Financials
Tags
United Kingdom
internet service provider
Acquisition
Private
Pending
Private Equity
Internet
Cross Border
Majority
Friendly
Single Bidder
Synopsis
GI Partners, a private equity company, agreed to acquire ASK4, a provider of critical in-building Internet connectivity to the multi-tenant real estate sector, from Bowmark Capital, a private equity investment firm. Financial terms were not disclosed. "ASK4's purpose is to support people and communities to be connected, allowing them to live life and work productively in their homes and workspaces. We have enjoyed a fantastic partnership with Bowmark over the last five years and we are excited about the future with GI as we continue to develop the ways we support existing clients and expand the delivery of our services into multi-tenant communities across Europe and North America," Andrew Dutton, ASK4 CEO.
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