Investment Summary

3i Infrastructure Invests In Tampnet

On July 27, 2018, infrastructure investor 3i Infrastructure invested in communications company Tampnet from EQT

Investment Highlights
  • This is 3i Infrastructure’s 2nd transaction in the Communications sector.
  • This is 3i Infrastructure’s 1st transaction in Norway.

Investment Summary

Date 2018-07-27
Target Tampnet
Sector Communications
Investor(s) 3i Infrastructure
Sellers(s) EQT
Deal Type Stake Purchase

Target

Tampnet

Stavanger, Norway
Tampnet is an authorized telecommunications operator in Australia. Tampnet is the only independent supplier of high capacity and low latency communication to offshore oil and gas installations in the North Sea. The company operates the world's largest offshore fiber infrastructure network and serves more than 100 oil and gas platforms, floating production storage and offloading units, and exploration rigs. Tampnet was founded in 2001 and is based in Stavanger, Norway.

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Investor(S) 1

Investor

3i Infrastructure

St Helier, Channel Islands

Investor Investor Investor Investor Investor


Category Infrastructure
Founded 2007
PE ASSETS 3.9B GBP
Size Large
Type Sector Focused
DESCRIPTION

3i Infrastructure plc is a listed infrastructure investment arm of 3i Group plc. 3i infrastructure invests mainly in Europe and Asia companies with stable underlying performance: asset-intensive businesses, providing essential services over the long term, often on a regulated basis, or with significant contracted revenues. The firm focuses on the Utilities, Transportation, and Social Infrastructure sectors through equity and junior or mezzanine debt investments in the range of £100m–£300 million per transaction. 3i infrastructure was formed in 2007 and is based in Jersey, Channel Islands.


DEAL STATS #
Overall 24 of 31
Sector: Communications M&A 2 of 4
Type: Stake Purchase M&A Deals 3 of 3
Country: Norway M&A 1 of 1
Year: 2018 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-30 Attero

Apeldoorn, Netherlands

Attero is a waste management company that offers its clients services across the full range of waste processing i.e. incineration, composting, recycling, and landfill. Attero owns two energy from waste (‘EfW’) plants, two sorting and pre-treatment facilities, six anaerobic digestion facilities, seven composting facilities and 10 landfills. Attero was founded in 1929 and is based in Apeldoorn, Netherlands.

Buy €201M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-13 Joulz

Delft, Netherlands

Joulz is a provider of essential energy infrastructure equipment and services. Joulz leases, operates and maintains c.4,000 medium voltage electricity installations, such as transformers, switchgear and cables, and c.50,000 electricity and gas meters. Joulz was founded in 2009 and is based in Delft, Netherlands.

Buy €220M

Seller(S) 1

SELLER

EQT

Stockholm, Sweden

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1994
PE ASSETS 242.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

EQT is a global private equity group that purses a variety of investment strategies around the world. EQT is divided into several investment disciplines, including private capital, real assets, credit, and venture. The Firm's private capital group targets large, market-leading enterprises (investment size of €125 to €1.5 billion) across Europe and the US, as well as mid-market, growth companies (investment size of €40 to €125 million) across the US, Europe, China, and Southeast Asia. The Firm's real assets group seeks to identify control or co-control equity investments (investment size of €500 to €1 billion) in medium-sized infrastructure companies that provide an essential service to society, are recession resilient, and have secure cash flows. EQT's credit group provides flexible, long-term debt capital solutions to medium-sized European businesses, across a wide range of sectors. EQT was established in 1994 and is headquartered in Stockholm, Sweden.


DEAL STATS #
Overall 110 of 194
Sector: Communications M&A 3 of 8
Type: Stake Purchase M&A Deals 5 of 9
Country: Norway M&A 3 of 10
Year: 2018 M&A 9 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-23 Saur

Issy-les-Moulineaux, France

Saur is a drinking and wastewater management company focused on small/mid-sized cities across France. The company is also active internationally, particularly in Iberia, Saudi Arabia, and Poland. Saur was founded in 1933 and is based in Issy-les-Moulineaux, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-07 Allee-Center

Leipzig, Germany

Allee Center is a modern shopping center located in a high-density residential area in Grünau, a suburb of Leipzig. The Allee Center was built in 1996 and comprises around 40,000 square meters of rental space.

Buy -