M&A Deal Summary

Southern Cross Group Acquires Broadbandtech

On January 1, 2018, private equity firm Southern Cross Group acquired communications company Broadbandtech

Acquisition Highlights
  • This is Southern Cross Group’s 3rd transaction in the Communications sector.
  • This is Southern Cross Group’s 4th transaction in Argentina.

M&A Deal Summary

Date 2018-01-01
Target Broadbandtech
Sector Communications
Buyer(s) Southern Cross Group
Deal Type Buyout (LBO, MBO, MBI)

Target

Broadbandtech

Buenos Aires, Argentina
Broadbandtech is an internet services provider in Argentina and specializes in providing triple-play services through agreements with third parties in cities of the interior of the country. Broadbandtech is based in Buenos Aires, Argentina.

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Buyer(S) 1

DESCRIPTION

Southern Cross Group is a private equity firm that seeks investment opportunities in Latin and South America. Southern Cross only invests in control situations and does not focus on any specific industry. Southern Cross Group was formed in 1998 and is based in Greenwich, Connecticut with additional offices in Argentina, Chile, Mexico, and Brazil.


DEAL STATS #
Overall 30 of 30
Sector: Communications M&A 3 of 3
Type: Buyout (LBO, MBO, MBI) M&A Deals 23 of 23
Country: Argentina M&A 4 of 4
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-30 Intellego

Santa Fe, Mexico

Intellego is a Latin American company in the development of information management solutions and services. Intellego was founded in 1999 and is based in Santa Fe, Mexico.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-12 Solaris

Sao Paulo, Brazil

Solaris is an equipment rental company that serves the construction and several other industries in Brazil. Solaris was established in 1996 and is based in Sao Paulo, Brazil

Sell -