M&A Deal Summary

DigitalBridge Group and Columbia Capital Acquire Xenith IG

On August 2, 2022, infrastructure investor DigitalBridge Group and growth capital firm Columbia Capital acquired communications company Xenith IG

Acquisition Highlights
  • This is DigitalBridge Group’s 13th and Columbia Capital’s 9th transaction in the Communications sector.
  • This is DigitalBridge Group’s 1st and Columbia Capital’s 1st transaction in Singapore.

M&A Deal Summary

Date 2022-08-02
Target Xenith IG
Sector Communications
Buyer(s) DigitalBridge Group
Columbia Capital
Deal Type Consolidation

Target

Xenith IG

Singapore, Singapore
Xenith IG is a dark fiber network provider in Asia Pacific and serves mission critical data centers, hyperscalers and enterprises with high capacity, dark fiber. Xenith IG was founded in 2021 and is based in Singapore, Singapore.

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Buyer(S) 2

Buyer
DESCRIPTION
DigitalBridge's headquarters in Boca Raton, Florida.
DigitalBridge's headquarters in Boca Raton, Florida.

DigitalBridge Group is a global digital infrastructure investment firm. The Firm looks to acquire a variety of assets and operating businesses spanning cell towers, data centers, fiber, small cells, and edge infrastructure. DigitalBridge is headquartered in Boca Raton, Florida.


DEAL STATS #
Overall 21 of 23
Sector: Communications M&A 13 of 14
Type: Consolidation M&A Deals 2 of 2
Country: Singapore M&A 1 of 1
Year: 2022 M&A 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-14 GD Towers

Germany

GD Towers is an European tower company, owning and operating over 40,000 mobile sites across Germany and Austria, and has deployed over 1,000 new sites per year for its anchor customer, Deutsche Telecom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-06 Switch

Las Vegas, Nevada, United States

Switch provides colocation, connectivity, and cloud services for large corporations, mid-sized enterprises, government agencies and other businesses conducting mission-critical business on the Internet in North America. Switch was founded in 2000 and is based in Las Vegas, Nevada.

Buy $11.0B
Buyer

Columbia Capital

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 1989
PE ASSETS 7.1B USD
Size Mega
Type Sector Focused
DESCRIPTION

Columbia Capital is a growth capital firm focused on the IT sector. The Firm looks to commit $15 to $40 million to growth stage North American and Western European companies operating in the enterprise IT, internet infrastructure, and mobile communications sectors. Columbia Capital was established in 1989 and is headquartered in Alexandria, Virginia.


DEAL STATS #
Overall 22 of 26
Sector: Communications M&A 9 of 10
Type: Consolidation M&A Deals 1 of 1
Country: Singapore M&A 1 of 1
Year: 2022 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-01 Bluewave

San Clemente, California, United States

Bluewave is a technology advisory and brokerage firm that helps businesses select, procure, and manage IT, cloud, and communications solutions. It partners with a wide range of technology providers to deliver services such as cloud migration, cybersecurity, unified communications, and network optimization, offering strategic guidance to optimize technology investments. Bluewave was founded in 2016 and is based in San Clemente, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-14 xtype

Tel Aviv, Israel

xtype offers platform engineering solutions native to ServiceNow that improves an enterprise organization's ability to deliver new features and applications by automating software deployment and release management, increasing productivity, security, and compliance. xtype is based in Tel Aviv, Israel.

Buy -