M&A Deal Summary

Searchlight Capital Partners Acquires B Communications

On June 24, 2019, private equity firm Searchlight Capital Partners acquired communications company B Communications

Acquisition Highlights
  • This is Searchlight Capital Partners’ 8th transaction in the Communications sector.
  • This is Searchlight Capital Partners’ 1st transaction in Israel.

M&A Deal Summary

Date 2019-06-24
Target B Communications
Sector Communications
Buyer(s) Searchlight Capital Partners
Deal Type Going Private

Target

B Communications

Ramat Gan, Israel
B Communications Ltd. provides various communications services for business and private customers in Israel. B Communications was formed in 1999 and is based in Ramat Gan, Israel.

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Buyer(S) 1

Buyer

Searchlight Capital Partners

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2010
PE ASSETS 860M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Searchlight Capital Partners is a private investment firm founded in 2010. The Firm will invest across the capital structure, including equity and debt and will consider a variety of transaction situations, from simple to complex. Areas of focus include communications, media, information, IT services, business services, financial services, consumer services, consumer products, education, and industrial goods/services. The Firm will consider opportunities across North America and Europe. Searchlight Capital has offices in New York, London, and Toronto.


DEAL STATS #
Overall 19 of 39
Sector (Communications) 8 of 12
Type (Going Private) 2 of 6
Country (Israel) 1 of 1
Year (2019) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-29 Ziply Fiber

Everett, Washington, United States

Ziply Fiber is a telecommunications network business comprises a network that passes 1.7 million residential and business locations, of which approximately 500,000 are fiber-to-the-premises capable. Ziply Fiber is based in Everett, Washington.

Buy $1.4B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-02 Opus Group

Gothenburg, Sweden

Opus Group is a technology-driven growth company in the vehicle inspection and intelligent vehicle support markets. The company designs and builds vehicle inspection programs; designs, builds, and operates emission testing programs; designs, develops, manufactures, and sells emission testing equipment under the ESP brand; and offers remote sensing technology that measures vehicle emissions. Opus Group was founded in 1974 and is based in Gothenburg, Sweden.

Buy -