M&A Deal Summary

CapMan and Telia Acquire Valokuitunen

On October 31, 2019, private equity firm CapMan and Telia acquired communications company Valokuitunen

Acquisition Highlights
  • This is CapMan’s 2nd and Telia’s 5th transaction in the Communications sector.
  • This is CapMan’s 30th and Telia’s 2nd transaction in Finland.

M&A Deal Summary

Date 2019-10-31
Target Valokuitunen
Sector Communications
Buyer(s) CapMan
Telia
Deal Type Joint Venture

Target

Valokuitunen

Helsinki, Finland
Valokuitunen builds, owns and maintains fiber optic networks throughout Finland. Valokuitunen is based in Helsinki, Finland.

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Buyer(S) 2

Buyer

CapMan

Helsinki, Finland

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1989
PE ASSETS 4.9B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

CapMan is a private equity group focused on a variety of investments in Scandinavia and Russia. CapMan's buyout group looks to invest €20 to €70 million (€10 to €20 for mezzanine) of capital in unlisted companies generating €50 to €500 million in revenues. CapMan seeks control positions and does not have any sector preferences. CapMan was established in 1989 and has offices in Helsinki, Stockholm, Oslo, Luxembourg, and Moscow.


DEAL STATS #
Overall 68 of 93
Sector: Communications M&A 2 of 2
Type: Joint Venture M&A Deals 1 of 2
Country: Finland M&A 30 of 48
Year: 2019 M&A 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-16 Kämp Collection Hotels

Helsinki, Finland

Kämp Collection Hotels owns and operates luxury hotels including Hotel Kämp, Hotel St George, Hotel Klaus K, Hotel Haven, Hotel Fabian, and Hotel Lilla Roberts as well as lifestyle hotels GLO Hotels. Kämp Collection Hotels was founded in 1887 and is based in Helsinki, Finland.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-10 Insplan

Porvoo, Finland

Insplan is an engineering company focused on offering high-level planning and design services in the power, telecommunications and lighting sectors. Insplan was founded in 2015 and is based in Porvoo, Finland.

Buy -
Buyer

Telia

Solna, Sweden

Category Company
Founded 1853
Sector Communications
Employees15,040
Revenue 89.1B SEK (2024)
DESCRIPTION
Entrance to TeliaSonera's corporate headquarters in central Stockholm.
Entrance to TeliaSonera's corporate headquarters in central Stockholm.

Telia provides network access and telecommunication services that help people and companies communicate in an easy, efficient, and environmentally friendly way. Telia was founded in 1853 and is based in Solna, Sweden.


DEAL STATS #
Overall 9 of 9
Sector: Communications M&A 5 of 5
Type: Joint Venture M&A Deals 1 of 1
Country: Finland M&A 2 of 2
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-20 Bonnier Broadcasting AB

Stockholm, Sweden

Bonnier Broadcasting ABis one of the Nordic region's biggest television companies and is leading the development of video content and digitalization of the television industry. In Sweden, brands like TV4 and C More deliver high quality content on all platforms. Our objective is for all content to be available through all channels of distribution (terrestrial, cable, satellite, ip-tv, mobile and Internet) and on all platforms. TV4 and C More always wants to be available to viewers wherever they are.

Buy kr9.2B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-04 Telia Latvija

Rīga, Latvia

Telia Latvia is a B2B (business-to-business) telecom services provider that offers large businesses across Latvia solutions within four service segments: telecommunications services, cloud services, data center solutions, and media solutions. Telia Latvia was formed in 1992 and is based in Rīga, Latvia.

Sell €11M