M&A Deal Summary

Eutelsat Group Acquires Bigblu Broadband - Satellite Broadband Activities

On July 31, 2020, Eutelsat Group acquired communications company Bigblu Broadband - Satellite Broadband Activities from Bigblu Broadband for 38M EUR

Acquisition Highlights
  • This is Eutelsat Group’s 3rd transaction in the Communications sector.
  • This is Eutelsat Group’s 2nd largest (disclosed) transaction.
  • This is Eutelsat Group’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2020-07-31
Target Bigblu Broadband - Satellite Broadband Activities
Sector Communications
Buyer(s) Eutelsat Group
Sellers(s) Bigblu Broadband
Deal Type Divestiture
Deal Value 38M EUR

Target

Bigblu Broadband - Satellite Broadband Activities

Bicester, United Kingdom
Bigblu Broadband plc's Satellite Broadband Activities provides distributor of satellite broadband packages in Europe. currently count around 50,000 subscribers across an expanding pan-European footprint which includes operations in the UK, Ireland, France, Germany, Italy, Spain, Portugal, Poland, Hungary and Greece.

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Buyer(S) 1

Buyer

Eutelsat Group

Issy-les-Moulineaux, France
Category Company
Founded 1977
Sector Communications
Employees1,067
Revenue 1.1B EUR (2023)
DESCRIPTION

Eutelsat Group is a satellite operator that provides transponder capacity for video broadcasters, European Direct-to-Home (DTH) operators, European governments, and the US government, as well as for corporate data networks and other voice and data providers. Eutelsat Group was founded in 1977 and is based in Issy-les-Moulineaux, France.

DEAL STATS #
Overall 3 of 3
Sector (Communications) 3 of 3
Type (Divestiture) 1 of 1
Country (United Kingdom) 1 of 1
Year (2020) 1 of 1
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-13 NOORSAT

Amman, Jordan

NOORSAT is a satellite service provider. NOORSAT is a distributor of blue-chip customers and providing services for over 300 TV channels. NOORSAT was founded in 2004 and is based in Amman, Jordan.

Buy $75M

Seller(S) 1

SELLER

Bigblu Broadband

Oxfordshire, United Kingdom
Category Company
Sector Communications
Employees141
Revenue 27M GBP (2021)
DESCRIPTION

Bigblu Broadband is a global communications company specializing in rural, last-mile, and emergency communications, via satellite, to anywhere on the planet. Bigblu Broadband is based in Oxfordshire, the United Kingdom.

DEAL STATS #
Overall 1 of 2
Sector (Communications) 1 of 2
Type (Divestiture) 1 of 2
Country (United Kingdom) 1 of 2
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-28 Quickline

Willerby, United Kingdom

Quickline is a provider of fixed wireless broadband in the UK. Quickline has been actively working with Broadband Delivery UK ('BDUK'), a government-backed scheme designed to support the roll-out of high-speed broadband in areas of the UK which are not eligible for mainstream fibre or network connections. Quickline was founded in 2008 and is based in Willerby, United Kingdom.

Buy £5M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-23 Quickline

Willerby, United Kingdom

Quickline is a provider of fixed wireless broadband in the UK. Quickline has been actively working with Broadband Delivery UK ('BDUK'), a government-backed scheme designed to support the roll-out of high-speed broadband in areas of the UK which are not eligible for mainstream fibre or network connections. Quickline was founded in 2008 and is based in Willerby, United Kingdom.

Sell -
Mergr

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