Investment Summary

HgCapital Exits Manx Telecom

On February 5, 2014, invested in communications company Manx Telecom from HgCapital

Investment Highlights
  • This is transaction in the Communications sector.
  • This is transaction in the United Kingdom.
Investment Fate
  • Manx Telecom was sold to a financial buyer in 2019 for 226M GBP.

Investment Summary

Date 2014-02-05
Target Manx Telecom
Sector Communications
Sellers(s) HgCapital
Deal Type IPO

Target

Manx Telecom

Braddan, United Kingdom
Manx Telecom is a telecommunications and internet provider offering a full range of fixed-line, mobile and data services to consumers and businesses. Manx Telecom was founde in 1987 and is based in Braddan, United Kingdom.

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Seller(S) 1

SELLER

HgCapital

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2000
PE ASSETS 70.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

HgCapital is a European private equity firm focused on a wide range of transactions including public-to-private leveraged buy-outs, management buy-ins, divestitures, and turnarounds. Broad sectors of interest include consumer and leisure, healthcare, industrials, services, technology, media, and renewable energy. The Firm will consider both majority and minority investment positions. HgCapital is the successor to Mercury Capital Partners, a former unit of Merill Lynch which was spun out by management in 2000. HgCapital has offices in London and Munich.


DEAL STATS #
Overall 37 of 97
Sector: Communications M&A 1 of 1
Type: IPO M&A Deals 2 of 2
Country: United Kingdom M&A 22 of 47
Year: 2014 M&A 1 of 6
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