Add-on Acquisition • Communications

Masmovil Acquires Lebara

On November 21, 2018, Masmovil acquired communications company Lebara from Palmarium for 55M EUR

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

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M&A Deal Summary

Date November 21, 2018
Target Lebara
Sector Communications
Buyer(s) Masmovil
Sellers(s) Palmarium
Deal Type Add-on Acquisition
Deal Value 55M EUR

Target Company

Lebara

London, United Kingdom
Lebara is a provider of mobile telecommunications products and services. Lebara was founded in 2001 and is based in London, United Kingdom.
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Buyer Overview 1

Buyer

Masmovil

Madrid, Spain

Category Company
Founded 2006
Sector Communications
DESCRIPTION

Masmovil is a telecommunications operator. It provides triple-play fixed-line, mobile, and internet services to residential customers, businesses, and operators through a number of brands including Yoigo, MASMOVIL, Pepephone, Llamaya, Lebara, Lycamobile, and Hits mobile. Masmovil was founded in 2006 and is based in Madrid, Spain.


Deal Context for Buyer #
Overall 1 of 1
Sector: Communications 1 of 1
Type: Add-on Acquisition 1 of 1
Country: United Kingdom 1 of 1
Year: 2018 1 of 1

Seller Profile 1

DESCRIPTION

Palmarium is a private family office and investor focused on alternative investments—including private equity, venture capital, and real estate. The Firm leverages its sector knowledge and networks to structure and manage complex investments and partnerships. Palmarium was founded in 2012 and is headquartered in Lucerne, Switzerland.


Deal Context for Seller #
Overall 1 of 1
Sector: Communications 1 of 1
Type: Add-on Acquisition 1 of 1
Country: United Kingdom 1 of 1
Year: 2018 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-15 Lebara

London, United Kingdom

Lebara is a provider of mobile telecommunications products and services. Lebara was founded in 2001 and is based in London, United Kingdom.

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