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Announced

Completed

Macquarie Asset Management completed a $275m investment in SwyftFiber.

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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television streaming

internet

Radio and TV Broadcasters

United States

Acquisition

Completed

Friendly

Single Bidder

Minority

Private Equity

Private

Cross Border

Synopsis

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Macquarie Asset Management, an Australian global financial services group, completed a $275m investment in SwyftFiber, a company that provides fast and reliable internet and television streaming services. “We believe that the combination of SwyftFiber’s proven ability to bring broadband to underserved areas and its significant growth potential represents a unique opportunity to invest in the rapidly growing consumer fiber sector. We look forward to partnering with the SwyftFiber management team to support the future growth of the business,” Karl Kuchel, Macquarie Infrastructure Partners CEO.

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