Buyout (LBO, MBO, MBI) • Communications

Oaktree Capital Management Acquires Zzoomm

On September 28, 2020, asset manager Oaktree Capital Management acquired communications company Zzoomm for 100M GBP

Acquisition Context
  • This is Oaktree Capital Management’s 1st transaction in the Communications sector.
  • This is Oaktree Capital Management’s 6th largest (disclosed) transaction.
  • This is Oaktree Capital Management’s 9th transaction in the United Kingdom.

Explore All 547 Buyout (LBO, MBO, MBI) Communications Deals - Search the Database Free


M&A Deal Summary

Date September 28, 2020
Target Zzoomm
Sector Communications
Buyer(s) Oaktree Capital Management
Deal Type Buyout (LBO, MBO, MBI)
Deal Value 100M GBP

Target Company

Zzoomm

Oxford, United Kingdom
Zzoomm is a provider of fiber-optic infrastructure and services. The company provides a fiber-to-the-home broadband network which is significantly faster than the typical network operator. Zzoomm was founded in 2018 and is based in Oxford, United Kingdom.
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Buyer Overview 1

Buyer

Oaktree Capital Management

Investor Investor Investor Investor Investor


Category Asset Manager
Founded 1995
PE ASSETS 26.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Oaktree Capital Management LLP is a global alternative investment firm with a variety of investment strategies spanning corporate debt, convertible securities, distressed debt, control investing, real estate, and public investing. The Firm's control investing group is spread across several disciplines, including Global Principal, European Principal, Power, and Infrastructure. Oaktree was formed in 1995 and is based in Los Angeles.


Deal Context for Buyer #
Overall 97 of 129
Sector: Communications 1 of 1
Type: Buyout (LBO, MBO, MBI) 38 of 45
Country: United Kingdom 9 of 12
Year: 2020 6 of 8
Size (of disclosed) 6 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-01 Universal Plant Services

Deer Park, Texas, United States

Universal Plant Services is a service provider for the energy industry, providing project management, installation, maintenance and repair services for rotating and fixed equipment for daily maintenance requirements, turnarounds, and capital projects. Universal Plant Services was founded in 1986 and is based in Deer Park, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-07 Array Technologies

Albuquerque, New Mexico, United States

Array Technologies is a manufacturer of smart, cost-effective, reliable, and robust solar tracking systems for utilities, corporations, small businesses, and homeowners. Array Technologies was incorporated in 1989 and is based in Albuquerque, New Mexico.

Sell -