M&A Deal Summary

Telekom Austria Acquires Blizoo Macedonia

On June 23, 2014, Telekom Austria acquired communications company Blizoo Macedonia from EQT

Acquisition Highlights
  • This is Telekom Austria’s 1st transaction in the Communications sector.
  • This is Telekom Austria’s 1st transaction in Bulgaria.

M&A Deal Summary
Date 2014-06-23
Target Blizoo Macedonia
Sector Communications
Buyer(s) Telekom Austria
Sellers(s) EQT
Deal Type Add-on Acquisition

Target

Blizoo Macedonia

Sofia, Bulgaria
Blizoo is the largest cable network operator with market leadership in Bulgaria and Macedonia. The company offers analog/digital cable TV, broadband and telephony services and continues to upgrade its network through further network digitalisation in order to broaden and improve its product offering.

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Buyer(S) 1

Buyer

Telekom Austria

Vienna, Austria
Category Company
Sector Communications
Employees17,851
Revenue 5.2B EUR (2023)
DESCRIPTION

Telekom Austria is a provider of a range of fixed-line, mobile, data, and Internet services. Telekom Austria is based in Vienna, Austria.

DEAL STATS #
Overall 1 of 2
Sector (Communications) 1 of 1
Type (Add-on Acquisition) 1 of 2
Country (Bulgaria) 1 of 2
Year (2014) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-29 Blizoo Media and Broadband EAD

Sofia, Bulgaria

Blizoo Media and Broadband EAD is a cable network operator with market leadership in Bulgaria and Macedonia. The Company offers analog/digital cable TV, broadband and telephony services, and has around 440,000 subscribers.

Buy -

Seller(S) 1

SELLER

EQT

Stockholm, Sweden

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1994
PE ASSETS 242.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

EQT is a global private equity group that purses a variety of investment strategies around the world. EQT is divided into several investment disciplines, including private capital, real assets, credit, and venture. The Firm's private capital group targets large, market-leading enterprises (investment size of €125 to €1.5 billion) across Europe and the US, as well as mid-market, growth companies (investment size of €40 to €125 million) across the US, Europe, China, and Southeast Asia. The Firm's real assets group seeks to identify control or co-control equity investments (investment size of €500 to €1 billion) in medium-sized infrastructure companies that provide an essential service to society, are recession resilient, and have secure cash flows. EQT's credit group provides flexible, long-term debt capital solutions to medium-sized European businesses, across a wide range of sectors. EQT was established in 1994 and is headquartered in Stockholm, Sweden.

DEAL STATS #
Overall 58 of 186
Sector (Communications) 2 of 7
Type (Add-on Acquisition) 26 of 72
Country (Bulgaria) 1 of 2
Year (2014) 3 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-17 TIA Technology A/S

Virum, Denmark

TIA Technology is a provider of standardized insurance software solutions in Europe and South Africa. The Company addresses the migration trend from legacy systems to standardized software and offers flexible and comprehensive suites of core insurance applications primarily for Property & Casualty insurers, Life & Pension, Health, and a number of innovative extension modules. TIA Technology was formed in 1997 and is based in Virum, Denmark.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-10 SSP Group

London, United Kingdom

SSP Group offers food services for the travel sector worldwide. SSP Group was founded in 2006 and is based in London, the United Kingdom.

Sell -
Mergr

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