M&A Deal Summary

Goldman Sachs Asset Management Acquires Melita

On November 23, 2024, Goldman Sachs Asset Management acquired communications company Melita from EQT

Acquisition Highlights
  • This is Goldman Sachs Asset Management’s 2nd transaction in the Communications sector.
  • This is Goldman Sachs Asset Management’s 1st transaction in Malta.

M&A Deal Summary

Date 2024-11-23
Target Melita
Sector Communications
Buyer(s) Goldman Sachs Asset Management
Sellers(s) EQT
Deal Type Add-on Acquisition

Target

Melita

Mriehel By-Pass, Malta
Melita is a provider of high-speed broadband and mobile services as well as a premium TV to households and businesses connected to its state-of-the-art telecom network in Malta. It owns and operates a fully invested, over 1,600km long HFC network as well as a 5G-ready mobile network with its own tower and small cell footprint. Melita was founded in 1991 and is based in Mriehel By-Pass, Malta.

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Buyer(S) 1

Buyer

Goldman Sachs Asset Management

New York, New York, United States

Category Company
Sector Financial Services
DESCRIPTION

Goldman Sachs Asset Management (dba GSAM) is the asset management arm of The Goldman Sachs Group. GSAM offers advisory services to individuals and institutional clients around the world from offices in the US, Europe, and Asia.


DEAL STATS #
Overall 19 of 19
Sector (Communications) 2 of 2
Type (Add-on Acquisition) 8 of 8
Country (Malta) 1 of 1
Year (2024) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-29 Sepro

Carmel, Indiana, United States

SePRO is dedicated to discovering and developing sustainable solutions. It provides plant protection and plant management products and services that fit specialized market needs. The company acquires, develops, manufactures, and markets value-added products and services that satisfy the unique needs of its customers. Sepro was founded in 1994 and is based in Carmel, Indiana.

Buy -

Seller(S) 1

SELLER

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 187 of 187
Sector (Communications) 8 of 8
Type (Add-on Acquisition) 73 of 73
Country (Malta) 1 of 1
Year (2024) 9 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-31 PageUp

Melbourne, Australia

PageUp is a manufacturer of cloud based, enterprise talent management software. Its tools and services empower organizations to optimize their human resources investment processes, enhance workforce performance, and deliver a personalized experience to candidates and employees. PageUp was established in 1997 and is based in Melbourne, Australia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-02 Calisen

Manchester, United Kingdom

Calisen is an owner and manager of essential energy infrastructure assets. Calisen was founded in 2002 and is based in Manchester, United Kingdom.

Buy -