Add-on Acquisition • Communications

Kinnevik Acquires Com Hem AB

On April 28, 2017, Kinnevik acquired communications company Com Hem AB from BC Partners for 3.7B SEK

Acquisition Context
  • This is Kinnevik’s 1st transaction in the Communications sector.
  • This is Kinnevik’s 0th largest (disclosed) transaction.
  • This is Kinnevik’s 1st transaction in Sweden.

Explore All 1705 Add-on Acquisition Communications Deals - Search the Database Free


M&A Deal Summary

Date April 28, 2017
Target Com Hem AB
Sector Communications
Buyer(s) Kinnevik
Sellers(s) BC Partners
Deal Type Add-on Acquisition
Deal Value 3.7B SEK

Target Company

Com Hem AB

Stockholm, Sweden
Com Hem offers broadband, TV, play and telephony services to Swedish households and companies. The company plays an important role in Sweden’s ongoing digitalisation push, with its powerful and future-proofed broadband network that covers half of the country’s households, reaching approximately 1.5 million customers.
Explore More Deals

Browse All 215,130 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

Kinnevik

Stockholm, Sweden

Category Company
Founded 1936
Sector Financial Services
Employees47
Revenue 14.8B SEK (2021)
DESCRIPTION

Kinnevik is an investment company based in Sweden. Kinnevik primarily invests in consumer centric businesses that provide innovative and value-added technology-enabled services. Kinnevik was founded in 1936 and is based in Stockholm, Sweden.


Deal Context for Buyer #
Overall 1 of 1
Sector: Communications 1 of 1
Type: Add-on Acquisition 1 of 1
Country: Sweden 1 of 1
Year: 2017 1 of 1

Seller Profile 1

SELLER

BC Partners

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1986
PE ASSETS 30.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

BC Partners is a large investment group focused on private equity, credit, real estate, and co-investment strategies. The Firm's private equity group looks to make control investments in European and North American businesses valued above €300 million. Sectors of interest include healthcare, directory publishing, media, industrial products, food, distribution, manufacturing, consumer services, business services, and communications. BC Partners was formed in 1986 and is based in London, England.


Deal Context for Seller #
Overall 42 of 61
Sector: Communications 2 of 2
Type: Add-on Acquisition 8 of 12
Country: Sweden 1 of 1
Year: 2017 2 of 3
Size (of disclosed) 13 of 19
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-24 SGB-SMIT

Regensburg, Germany

SGB-SMIT is a manufacturer and distributor of power transformers worldwide. SGB-SMIT Group supplies products in line with demand, adapted to the customers and their requirements. Company key objective has been ever since the complete satisfaction of customers. SGB-SMIT was founded in 1921 and is based in Regensburg, Germany.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-09 Intrado

Longmont, Colorado, United States

Intrado is a cloud-based, global technology partner to clients around the world. The Company's solutions connect people and organizations at the right time and in the right ways, making those mission-critical connections more relevant, engaging, and actionable - turning Information to Insight. Intrado was founded in 1979 and is based in Longmont, Colorado.

Buy $5.1B