M&A Deal Summary

IP-Only Acquires ByNet AB

On October 22, 2014, IP-Only acquired communications company ByNet AB

Acquisition Highlights
  • This is IP-Only’s 1st transaction in the Communications sector.
  • This is IP-Only’s 1st transaction in Sweden.

M&A Deal Summary

Date 2014-10-22
Target ByNet AB
Sector Communications
Buyer(s) IP-Only
Deal Type Add-on Acquisition

Target

ByNet AB

Kungalv, Sweden
Bynet provides no services beyond fiber-establishment, without partnering with market-leading telecommunications operators and service providers.

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Buyer(S) 1

Buyer

IP-Only

Uppsala, Sweden

Category Company
Founded 1999
Sector Communications
Employees150
Revenue 439M SEK (2013)
DESCRIPTION

IP-Only is a provider of high-capacity fiber-based data communication and data center services in Sweden. IP-Only owns and operates a high-capacity fiber network linking the Nordic capitals Stockholm, Oslo, Copenhagen, and Helsinki as well as Sweden’s second and third largest cities Gothenburg and Malmo. IP-Only was founded in 1999 and is headquartered in Uppsala, Sweden.


DEAL STATS #
Overall 1 of 1
Sector: Communications M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Sweden M&A 1 of 1
Year: 2014 M&A 1 of 1