M&A Deal Summary

Northleaf Capital Partners Acquires Quickline

On April 23, 2021, asset manager Northleaf Capital Partners acquired communications company Quickline from Bigblu Broadband

Acquisition Highlights
  • This is Northleaf Capital Partners’ 1st transaction in the Communications sector.
  • This is Northleaf Capital Partners’ 3rd transaction in the United Kingdom.

M&A Deal Summary

Date 2021-04-23
Target Quickline
Sector Communications
Buyer(s) Northleaf Capital Partners
Sellers(s) Bigblu Broadband
Deal Type Divestiture

Target

Quickline

Willerby, United Kingdom
Quickline is a provider of fixed wireless broadband in the UK. Quickline has been actively working with Broadband Delivery UK ('BDUK'), a government-backed scheme designed to support the roll-out of high-speed broadband in areas of the UK which are not eligible for mainstream fibre or network connections. Quickline was founded in 2008 and is based in Willerby, United Kingdom.

Search 214,238 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

Northleaf Capital Partners

Investor Investor Investor Investor Investor


Category Asset Manager
Founded 2009
PE ASSETS 22.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Northleaf Capital Partners is an asset management firm focused on private equity, private credit, and infrastructure investment opportunities. The Firm's private equity group looks to make fund, secondary, as well as direct investments. Within its direct investing practice, Northleaf will consider a variety of middle-market investment situations including growth capital financings, successions, consolidations, and other special situations. Northleaf Capital Partners was established in 2009 and is based in Toronto, Ontario.


DEAL STATS #
Overall 16 of 26
Sector: Communications M&A 1 of 4
Type: Divestiture M&A Deals 4 of 6
Country: United Kingdom M&A 3 of 4
Year: 2021 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-24 Credit Karma

San Francisco, California, United States

Credit Karma, Inc. is a provider of free consumer credit scores, delivered online and via mobile devices to users on-demand. Credit Karma provides these customers comprehensive, consolidated, and integrated views of their financial condition through credit scores and personalized financial analytics and gives users access to unique offers from consumer financial services companies.

Sell $7.1B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-14 Spirit Music

New York, New York, United States

Spirit Music owns a diverse group of music copyright catalogs. SpiritMusic Group is the fastest growing independent music publisher of the last decade, controlling more than 15,000 songs spanning seven decades and every musical genre. Spirit Music was founded in 1995 and is based in New York, New York.

Buy -

Seller(S) 1

SELLER

Bigblu Broadband

London, United Kingdom

Category Company
Founded 2014
Sector Communications
Employees9
Revenue 27M GBP (2022)
DESCRIPTION

Bigblu Broadband is a global communications company specializing in rural, last-mile, and emergency communications, via satellite, to anywhere on the planet. Bigblu Broadband was founded in 2014 and is based in London, England.


DEAL STATS #
Overall 2 of 2
Sector: Communications M&A 2 of 2
Type: Divestiture M&A Deals 2 of 2
Country: United Kingdom M&A 2 of 2
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-31 Bigblu Broadband - Satellite Broadband Activities

Bicester, United Kingdom

Bigblu Broadband plc's Satellite Broadband Activities provides distributor of satellite broadband packages in Europe. currently count around 50,000 subscribers across an expanding pan-European footprint which includes operations in the UK, Ireland, France, Germany, Italy, Spain, Portugal, Poland, Hungary and Greece.

Sell €38M