M&A Deal Summary

EQT Acquires GlobalConnect

On December 20, 2016, private equity firm EQT acquired communications company GlobalConnect

Acquisition Highlights
  • This is EQT’s 9th transaction in the Communications sector.
  • This is EQT’s 21st transaction in Denmark.

M&A Deal Summary
Date 2016-12-20
Target GlobalConnect
Sector Communications
Buyer(s) EQT
Deal Type Buyout (LBO, MBO, MBI)

Target

GlobalConnect

Copenhagen SV, Denmark
GlobalConnect is an alternative fiber-based data communication and data center services provider to enterprises and consumers in Northern Europe. In total, the company operates approximately 84,500 km of fiber and 27,000 sqm of data center space that provides for a full range offering of communication infrastructure services including bandwidth connectivity, colocation, and cloud infrastructure. GlobalConnect is based in Copenhagen SV, Denmark.

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Buyer(S) 1

Buyer

EQT

Stockholm, Sweden

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1994
PE ASSETS 242.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

EQT is a global private equity group that purses a variety of investment strategies around the world. EQT is divided into several investment disciplines, including private capital, real assets, credit, and venture. The Firm's private capital group targets large, market-leading enterprises (investment size of €125 to €1.5 billion) across Europe and the US, as well as mid-market, growth companies (investment size of €40 to €125 million) across the US, Europe, China, and Southeast Asia. The Firm's real assets group seeks to identify control or co-control equity investments (investment size of €500 to €1 billion) in medium-sized infrastructure companies that provide an essential service to society, are recession resilient, and have secure cash flows. EQT's credit group provides flexible, long-term debt capital solutions to medium-sized European businesses, across a wide range of sectors. EQT was established in 1994 and is headquartered in Stockholm, Sweden.

DEAL STATS #
Overall 159 of 315
Sector (Communications) 9 of 14
Type (Buyout (LBO, MBO, MBI)) 60 of 84
Country (Denmark) 21 of 26
Year (2016) 19 of 20
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-19 BSN medical

Hamburg, Germany

BSN medical GmbH is an innovative medical solutions company with well-known brands such as Leukoplast, Cutimed, JOBST, Delta Cast, Delta Lite and Actimove which are long established brand leaders in their key markets.

Sell €2.7B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-22 SAG

Langen, Germany

SAG GmbH is a provider of engineering, construction, maintenance and operation services for utilities and industrial clients with a focus on their energy infrastructure.

Sell €850M
Mergr

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