M&A Deal Summary

Bigblu Broadband Acquires Breiband.no AS

On July 29, 2016, Bigblu Broadband acquired communications company Breiband.no AS

Acquisition Highlights
  • This is Bigblu Broadband’s 8th transaction in the Communications sector.
  • This is Bigblu Broadband’s 1st transaction in Norway.

M&A Deal Summary

Date 2016-07-29
Target Breiband.no AS
Sector Communications
Buyer(s) Bigblu Broadband
Deal Type Add-on Acquisition

Target

Breiband.no AS

Vestby, Norway
Breiband is headquartered in Vestby in Norway and is a national provider of radio and satellite based broadband solutions to residential and business customers in Norway, Finland, Sweden and Denmark. The business is currently focused on urban 'white spot' areas and regions where there are limited affordable and technologically acceptable broadband alternatives. It has approximately 13,000 customers, of whom approximately 9,000 are radio broadband customers and c.4,000 are satellite broadband customers.

Search 214,238 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

Bigblu Broadband

London, United Kingdom

Category Company
Founded 2014
Sector Communications
Employees9
Revenue 27M GBP (2022)
DESCRIPTION

Bigblu Broadband is a global communications company specializing in rural, last-mile, and emergency communications, via satellite, to anywhere on the planet. Bigblu Broadband was founded in 2014 and is based in London, England.


DEAL STATS #
Overall 8 of 12
Sector: Communications M&A 8 of 12
Type: Add-on Acquisition M&A Deals 8 of 12
Country: Norway M&A 1 of 3
Year: 2016 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-29 SkyMesh Pty

Fortitude Valley, Australia

SkyMesh is headquartered is a national provider of satellite broadband, radio wireless and fibre connectivity services to residential and business customers in Australia. SkyMesh has invested significantly in satellite broadband provisioning expertise through its data centres, wireless operations and technical staff. The business currently has 28,000 customers of which c.17,500 are satellite broadband customers, c.7,000 are fixed line customers and c.3,500 are fixed wireless customers, and is growing strongly, adding c.1,000 new satellite connections in June 2016.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-06 Bordernet Internet Pty

Surfers Paradise, Australia

BorderNET provides satellite broadband to c. 3,500 residential and business customers in Australia and specialises in providing broadband services to farming and remote communities. It has a loyal customer base and integration with the group's Australian operations is expected to result in cost synergies. The Australian government, via NBN Co, continues to invest in its SkyMuster satellites which will underpin continued customer growth by providing increased access to satellite broadband services.

Buy -