M&A Deal Summary

DigitalBridge Acquires Telenet Group Holding - Mobile Telecommunications Tower Business

On March 25, 2022, DigitalBridge acquired communications company Telenet Group Holding - Mobile Telecommunications Tower Business from Telenet Group Holding for 745M EUR

Acquisition Highlights
  • This is DigitalBridge’s 3rd transaction in the Communications sector.
  • This is DigitalBridge’s largest (disclosed) transaction.
  • This is DigitalBridge’s 1st transaction in Belgium.

M&A Deal Summary
Date 2022-03-25
Target Telenet Group Holding - Mobile Telecommunications Tower Business
Sector Communications
Buyer(s) DigitalBridge
Sellers(s) Telenet Group Holding
Deal Type Divestiture
Deal Value 745M EUR

Target

Telenet Group Holding - Mobile Telecommunications Tower Business

Mechelen, Belgium
Mobile Telecommunications Tower Business consists of an attractive high-quality portfolio2 of 3,322 sites across Belgium, including 2,158 owned sites, of which nearly 38% are towers, and 1,164 third-party sites. The tenancy ratio across the entire portfolio is 1.2x and 1.6x on towers specifically.

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Buyer(S) 1

Buyer

DigitalBridge

Boca Raton, Florida, United States
Category Company
Sector Financial Services
Employees300
Revenue 1.2B USD (2020)
DESCRIPTION

DigitalBridge is a global investment management company managing capital on behalf of its stockholders, as well as institutional and retail investors in private funds, and traded and non-traded real estate investment trusts. DigitalBridge is based in Boca Raton, Florida.

DEAL STATS #
Overall 5 of 6
Sector (Communications) 3 of 3
Type (Divestiture) 2 of 3
Country (Belgium) 1 of 1
Year (2022) 2 of 3
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-04 Mundo Pacifico

Concepcion, Chile

Mundo Pacifico is a Chilean company that provides residential telecommunication services through high-speed fiber-to-the-home connections (FTTH). Mundo Pacifico offers broadband internet of up to 1,000 Mbps, pay TV, and voice services, serving a wide client base through a network with over one million homes passed and more than 11,000 km of fiber in Chile. Mundo Pacifico was founded in 1994 and is based in Concepcion, Chile.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-02 Wildstone

London, United Kingdom

Wildstone is an independent outdoor media infrastructure and has a portfolio of over 3,000 billboards across the UK and Europe, including premium digital billboards located along major roads. Wildstone was founded in 2010 and is based in London, United Kingdom.

Sell -

Seller(S) 1

SELLER

Telenet Group Holding

Mechelen, Belgium
Category Company
Founded 1994
Sector Communications
Employees3,000
Revenue 2.6B EUR (2020)
DESCRIPTION

Telenet Group Holding is a provider of communication and media services. Telenet Group Holding was incorporated in 1994 and is based in Mechelen, Belgium.

DEAL STATS #
Overall 2 of 2
Sector (Communications) 2 of 2
Type (Divestiture) 2 of 2
Country (Belgium) 1 of 1
Year (2022) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-20 BASE Company nv

Brussels, Belgium

BASE Company nv is a mobile network operator in Belgium with 3.3 million mobile subscribers.

Buy $1.4B
Mergr

Product

Company

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