M&A Deal Summary

APA Acquires Basslink

On October 18, 2022, APA acquired communications company Basslink for 773M USD

Acquisition Highlights
  • This is APA’s 1st transaction in the Communications sector.
  • This is APA’s largest (disclosed) transaction.
  • This is APA’s 14th transaction in Australia.

M&A Deal Summary
Date 2022-10-18
Target Basslink
Sector Communications
Buyer(s) APA
Deal Type Add-on Acquisition
Deal Value 773M USD

Target

Basslink

Melbourne, Australia
Basslink is a provider of fibre optic assets which carry high speed telecommunication traffic. Basslink is based in Melbourne, Australia.

Search 199,713 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

APA

Sydney, Australia
Category Company
Founded 2007
Sector Utilities
Employees1,900
Revenue 2.8B AUD (2023)
DESCRIPTION

APA ownership, operation, and management of gas pipelines, gas processing plants, a gas-fired power station, gas storage facilities, power transmission lines, etc. APA owns and/or operates over 14,000 kilometres of natural gas pipelines, gas storage facilities and a wind farm. APA was founded in 2000 and is based in Sydney, Australia.

DEAL STATS #
Overall 14 of 14
Sector (Communications) 1 of 1
Type (Add-on Acquisition) 7 of 7
Country (Australia) 14 of 14
Year (2022) 1 of 1
Size (of disclosed) 1 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-20 APA Group - Orbost Gas Processing Plant

Sydney, Australia

APA Group's Orbost Gas Processing Plant (OGPP) provides certainty-of-supply to a high-quality group of gas off-takers in Sydney, Australia.

Sell -
Mergr

Product

Company

Legal