M&A Deal Summary

Cinven Acquires Ufinet Telecom

On June 9, 2014, private equity firm Cinven acquired communications company Ufinet Telecom from Naturgy for 510M EUR

Acquisition Highlights
  • This is Cinven’s 4th transaction in the Communications sector.
  • This is Cinven’s 44th largest (disclosed) transaction.
  • This is Cinven’s 7th transaction in Spain.

M&A Deal Summary

Date 2014-06-09
Target Ufinet Telecom
Sector Communications
Buyer(s) Cinven
Sellers(s) Naturgy
Deal Type Divestiture
Deal Value 510M EUR

Target

Ufinet Telecom

Madrid, Spain
website
Ufinet Telecom is a provider of fibre infrastructure and transmission services to telecom operators in Spain and international markets. The Group has a fibre network spanning more than 66,800 kilometres across two continents. Ufinet Telecom was founded in 1998 and is based in Madrid, Spain.

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Buyer(S) 1

Buyer

Cinven

London, United Kingdom

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1977
PE ASSETS 39.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Cinven is a private equity firm focused on buyout investments in growing, profitable businesses located throughout Europe and North America. Sectors of interest include business and financial services, healthcare, industrial, retail, leisure, consumer, technology, media, and telecommunications. Cinven looks to invest a minimum of €200 million in companies with minimum enterprise values of €400 million. Cinven does not invest in start-ups or development phase companies. Cinven was established in 1977 and is headquartered in London.


DEAL STATS #
Overall 135 of 182
Sector (Communications) 4 of 5
Type (Divestiture) 27 of 35
Country (Spain) 7 of 13
Year (2014) 2 of 3
Size (of disclosed) 44 of 61
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-05 Partnerships in Care

Borehamwood, United Kingdom

Partnerships in Care Limited is a provider of specialist mental health and related services. It provides services caring for men and women with complex mental health needs and specialises in the areas of mental health, personality disorders, learning disabilities and brain injury rehabilitation.

Sell $660M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-02 Generale De Sante

Paris, France

Générale de Santé is a operator of private hospitals in France comprising 75 facilities (including 61 hospitals) in the fields of medicine, surgery, obstetrics and rehabilitation.

Sell -

Seller(S) 1

SELLER

Naturgy

Madrid, Spain

website


Category Company
Founded 1843
Sector Energy Services and Equipment
Employees7,090
Revenue 34.0B EUR (2022)
DESCRIPTION

Naturgy is an energy infrastructure company operates across the gas value chain from procurement to liquefaction, storage, regasification, transportation, distribution, and marketing. Naturgy also owns and operates gas distribution networks in Latin America with leading market shares in Brazil, Chile, Colombia, and Mexico. Naturgy was founded in 1843 and is based in Madrid, Spain.


DEAL STATS #
Overall 2 of 2
Sector (Communications) 1 of 1
Type (Divestiture) 1 of 1
Country (Spain) 1 of 1
Year (2014) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-11-01 Energuate

Guatemala

Energuate is the electricity distribution company.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-29 Vayu

Dublin, Ireland

Vayu Ltd. is a gas and electricity marketer focussed on commercial and industrial customers, which also purchases and sells renewable energy from small generators, and operates in Ireland and the United Kingdom.

Buy -