.
MergerLinks Header Logo

New Deal


Announced

Completed

MSIP completed the acquisition of a 70% stake in UltraEdge from Altice France for €535m.

Financials

Edit Data
Transaction Value£468m
Consideration TypeCash
Capital Owned-
Capital Bid For70%
EV/Sales-
EV/EBITDA29.38x
Share Price Premium-
One Off Charge-

Tags

Edit

Cross Border

Friendly

Single Bidder

Data Centers and Hosting

United States

data centers

Acquisition

Majority

Private

Private Equity

Completed

Synopsis

Edit

Morgan Stanley Infrastructure Partners, a company involved in private infrastructure equity investing, completed the acquisition of a 70% stake in UltraEdge, a datacenter company, from Altice France, a provider of wireless telecommunication services, for €535m. "The transaction reflects Altice France’s strategy around balance sheet management, which notably includes executing inorganic deleveraging through pro-active management of our non-core asset portfolio. Furthermore, the transaction will strengthen Altice France on its objectives to provide best in class telecommunication services to its clients as the datacenter infrastructure continues to be upgraded, expanded and densified," Altice France.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US