Investment Summary

Palmarium Exits Lebara

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

Investment Highlights
  • 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.

Investment Summary

Date 2018-11-21
Target Lebara
Sector Communications
Investor(s) Masmovil
Sellers(s) Palmarium
Deal Type Add-on Acquisition
Deal Value 55M EUR

Target

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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Investor(S) 1

Investor

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 STATS #
Overall 1 of 1
Sector: Communications M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2018 M&A 1 of 1

Seller(S) 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 STATS #
Overall 1 of 1
Sector: Communications M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2018 M&A 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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