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New Deal


Announced

Completed

Tiger Infrastructure Partners-backed SWS Broadband, Cadence Networks and Broadway Partners completed the £250m merger with Voneus Broadband.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Private

Single Bidder

Acquisition

Domestic

internet services

United Kingdom

Internet

Merger

Private Equity

Completed

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Synopsis

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Tiger Infrastructure Partners-backed SWS Broadband, Cadence Networks and Broadway Partners completed the merger with Voneus Broadband, a rural community broadband company. Financial terms were not disclosed. “The shared vision of Voneus and Rural Broadband Solutions has been to invest alongside the UK government to deliver best-in-class infrastructure and service to meet the connectivity needs of greatly underserved rural households and small businesses. We are pleased to be teaming up with Macquarie Capital and Israel Infrastructure Fund to rapidly advance the realisation of that vision,” Emil W. Henry Jr., Tiger Infrastructure Partners CEO.

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