1. Home >
  2. M&A >
  3. Add-on Acquisition >
  4. Norway >
  5. Broadnet Acquires Xfiber AS

M&A Deal Summary

Broadnet Acquires Xfiber AS

On October 27, 2016, Broadnet acquired communications company Xfiber AS

Acquisition Highlights
  • This is Broadnet’s 3rd transaction in the Communications sector.
  • This is Broadnet’s 3rd transaction in Norway.

M&A Deal Summary
Date 2016-10-27
Target Xfiber AS
Sector Communications
Buyer(s) Broadnet
Deal Type Add-on Acquisition

Target

Xfiber AS

Stavanger, Norway
Xfiber AS is a broadband and data communication services provider. Xfiber was established in 1995 and is headquartered in Stavanger, Norway.

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

Broadnet

Fornebu, Norway
Category Company
Founded 2003
Sector Communications
Employees570
Revenue 2.2B NOK (2012)
DESCRIPTION

Broadnet is the largest alternative datacom provider in Norway. The company controls one of two optical fiber networks in Norway in addition to a substantial regional and local network. The group consists of two brands: Broadnet, serving the business and wholesale market, and HomeNet, serving the consumer market. Broadnet was founded in 2003 and is based in Fornebu, Norway.

DEAL STATS #
Overall 3 of 3
Sector: Communications M&A 3 of 3
Type: Add-on Acquisition M&A Deals 3 of 3
Country: Norway M&A 3 of 3
Year: 2016 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-04 Lynet Internett AS

Oslo, Norway

Lynet Internett AS is a provider of fiber based data communication for businesses. Lynet Internett is headquartered in Oslo, Noway.

Buy Nkr50M
Mergr

Solution for

Product

Company

Legal