M&A Deal Summary

Macquarie Infrastructure and Real Assets Acquires KCOM Group

On August 19, 2019, infrastructure investor Macquarie Infrastructure and Real Assets acquired communications company KCOM Group

Acquisition Highlights
  • This is Macquarie Infrastructure and Real Assets’ 2nd transaction in the Communications sector.
  • This is Macquarie Infrastructure and Real Assets’ 2nd transaction in the United Kingdom.

M&A Deal Summary
Date 2019-08-19
Target KCOM Group
Sector Communications
Buyer(s) Macquarie Infrastructure and Real Assets
Deal Type Going Private

Target

KCOM Group

Hull, United Kingdom
KCOM Group PLC is one of the UK’s longest-established telecommunications companies. In the Hull and East Yorkshire region, the business is a provider of fixed-line telecommunications infrastructure – providing voice and broadband connectivity services to approximately 140,000 households and businesses via its fiber-to-the-premises network. KCOM also offers IT and communications services to large enterprise and public sector organizations around the UK.

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Buyer(S) 1

Buyer

Macquarie Infrastructure and Real Assets

Category Infrastructure
PE ASSETS 119.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

Macquarie Infrastructure and Real Assets (MIRA) is a global investor in infrastructure, real estate, agriculture, and energy assets. MIRA's infrastructure practice looks to acquire businesses such as transportation, water and energy utilities, and waste management. MIRA's real estate practice looks to acquire and develop retail, commercial, residential and industrial properties. MIRA's agriculture team looks to operate and develop agriculture businesses and farmland. MIRA's energy team seeks opportunities in upstream energy and upstream energy-related assets and businesses in the US and Canada. Macquarie Infrastructure and Real Assets is headquartered in London with additional offices throughout the world.

DEAL STATS #
Overall 15 of 20
Sector (Communications) 2 of 3
Type (Going Private) 2 of 3
Country (United Kingdom) 2 of 4
Year (2019) 5 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-07 Ocean Breeze Energy KG

Bremen, Germany

Ocean Breeze Energy GmbH & Co. KG is the owner and operator of the wind farm, BARD Offshore 1 (BO1), about 100 km off the German North Sea coast. BO1, Germany's first commercial and currently the most powerful offshore wind farm, has been fully connected to the electricity grid since September 2013. With a capacity of 80 wind turbines of the 5-megawatt class, a rated output of 400 megawatts will be achieved - equivalent to the electricity requirement of more than 400,000 households.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-05 Leaf River Energy Center

Houston, Texas, United States

Leaf River Energy Center LLC engages in designing, constructing, and operating facilities that serve the interests of customers, communities, landowners, and employees while maintaining safe operations and preserving the environment. The company is strategically located in southeastern Mississippi with unique reliability capabilities and connections to six interstate pipelines. It consists of three salt dome caverns with a combined working natural gas storage capacity of 32.2 million dekatherms (MMDth).

Sell $368M
Mergr

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