M&A Deal Summary |
|
|---|---|
| Date | 2023-05-31 |
| Target | Fatbeam |
| Sector | Communications |
| Buyer(s) | Basalt Infrastructure Partners |
| Sellers(s) | SDC Capital Partners |
| Deal Type | Secondary Buyout |
| Advisor(s) | Bank Street (Financial) Wilmer Cutler Pickering Hale and Dorr (Legal) |
SEARCH BY
| Category | Infrastructure |
|---|---|
| Founded | 2011 |
| PE ASSETS | 2.0B USD |
| Size | Large |
| Type | Sector Focused |
Basalt Infrastructure Partners is an infrastucture investor focused on opportunities across North America and Europe. The Firm's principal areas of interest include utilities, energy, and transportation. Basalt prefers assets with significant barriers to entry, sustainable long-term cash-flows, and high operating margins. In addition to acquiring operational assets, the Basalt will also consider late stage construction projects. Basalt Infrastructure Partners was founded in 2011 and is headquartered in London.
| DEAL STATS | # |
|---|---|
| Overall | 14 of 17 |
| Sector: Communications M&A | 6 of 6 |
| Type: Secondary Buyout M&A Deals | 4 of 6 |
| State: Idaho M&A | 1 of 1 |
| Country: United States M&A | 5 of 7 |
| Year: 2023 M&A | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-05-27 |
Skyway Towers
Land O’ Lakes, Florida, United States Skyway Towers is a nationwide telecommunications infrastructure developer that owns and operates multi-tenant communications towers across the United States. The Company’s existing portfolio consists of over 400 high quality communications towers spanning 30 states. Skyway Towers is based in Land O’ Lakes, Florida. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-08-14 |
Reconor
Farum, Denmark Reconor is an environmental services group that provides environmentally safe recycling and helps municipalities with waste collection. The company reduces waste generation through the prevention, reduction, and reuse of material, and to reduce the use of natural resources through the application of circular economy principles. It remediates over 2.1 million tonnes of soil per year and handles over 0.8 million tonnes of mainly reusable waste, overseeing daily operations involving 230 trucks and 31,000 containers across Denmark. Reconor was formed in 1997 and is based in Farum, Denmark. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2017 |
| PE ASSETS | 400M USD |
| Size | Middle-Market |
| Type | Sector Focused |
SDC Capital Partners is an operationally oriented private investment firm focused on the IT and communications sectors. Specific areas of interest include data centers, fiber/networks, wireless infrastructure, and managed IT/cloud services. The Firm looks to commit $50 to $500 million per transaction and generally pursues platform businesses where it can pursue growth opportunities. SDC Capital Partners was established in 2017 and is headquartered in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Communications M&A | 2 of 2 |
| Type: Secondary Buyout M&A Deals | 1 of 1 |
| State: Idaho M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2023 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-02-23 |
Cityside Fiber
Irvine, California, United States Cityside Fiber design, construct and operate citywide networks that transform communities into digital cities of the future. Cityside Fiber focus is on upgrading the customer experience for all of our users and providing best in class products and service. Cityside Fiber was founded in 2021 and is based in Irvine, California. |
Buy | - |