M&A Deal Summary

Asterion Industrial Partners Acquires Axion

On October 13, 2020, infrastructure investor Asterion Industrial Partners acquired communications company Axion from Collimate Capital for 200M EUR

Acquisition Highlights
  • This is Asterion Industrial Partners’ 2nd transaction in the Communications sector.
  • This is Asterion Industrial Partners’ largest (disclosed) transaction.
  • This is Asterion Industrial Partners’ 3rd transaction in Spain.

M&A Deal Summary
Date 2020-10-13
Target Axion
Sector Communications
Buyer(s) Asterion Industrial Partners
Sellers(s) Collimate Capital
Deal Type Secondary Buyout
Deal Value 200M EUR

Target

Axion

Seville, Spain
Axion is a provider of broadcasting, tower infrastructure and telecommunication services in Spain. Axion was founded in 1999 and is based in Seville, Spain.

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Buyer(S) 1

Buyer

Asterion Industrial Partners

Investor Investor Investor Investor Investor

Category Infrastructure
Founded 2018
Size Small
Type Sector Focused
DESCRIPTION

Asterion Industrial Partners is an investment management firm focused on investing in European middle-market infrastructure projects and assets. Specific sectors of interest include telecommunication, energy, utilities, and transportation. Asterion Industrial Partners was established in 2018 and is headquartered in Madrid, Spain.

DEAL STATS #
Overall 7 of 16
Sector (Communications) 2 of 7
Type (Secondary Buyout) 2 of 2
Country (Spain) 3 of 7
Year (2020) 5 of 5
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-07 Sorgenia

Milan, Italy

Sorgenia is a wind farm owner/operator, The Company generates, distributes, and trades solar, wind, hydro, and thermo energy. Sorgenia operates power plants in Italy and France. Sorgenia was founded in 1999 and is based in Milan, Italy.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-01 Lineox

Madrid, Spain

Lineox's main focus is to provide, in a wholesale model, connectivity to the base stations of the main mobile operators in the country, backhaul for FTTH operators in rural areas and point-to-point Ethernet connectivity to large companies. Lineox was formed in 2021 and is based in Madrid, Spain.

Buy -

Seller(S) 1

SELLER

Collimate Capital

Investor Investor Investor Investor Investor

Category Asset Manager
Size Mega
Type Sector Agnostic
DESCRIPTION

Collimate Capital is a global investment and asset management firm focused on real estate, fixed income, infrastructure, and equities. Collimate Capital manages unlisted and listed investment funds across Asia, Europe, North America, Australia and New Zealand. Collimate Capital is headquartered in Sydney, Australia.

DEAL STATS #
Overall 2 of 3
Sector (Communications) 1 of 1
Type (Secondary Buyout) 1 of 1
Country (Spain) 1 of 1
Year (2020) 2 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-18 Adven

Vantaa, Finland

Adven is an industrial and commercial outsourced energy infrastructure and services provider in Finland, Sweden and Estonia. Adven holds long-term contracts to build, own and operate plants producing process steam, heat and cold at its clients’ production facilities. In addition to the tailored energy solutions. Adven was founded in 2011 and is based in Vantaa, Finland.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-03 Angel Trains

London, United Kingdom

Angel Trains is an operator of UK passenger rolling stock leasing companies created as part of the privatization of the UK railways, comprising approximately 3,600 electric and diesel railway engines and carriages. Angel Trains was founded in 1994 and is based in London, United Kingdom.

Sell -
Mergr

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