M&A Deal Summary

Telekom Austria Acquires Blizoo Media and Broadband EAD

On July 29, 2015, Telekom Austria acquired media company Blizoo Media and Broadband EAD from EQT

Acquisition Highlights
  • This is Telekom Austria’s 1st transaction in the Media sector.
  • This is Telekom Austria’s 2nd transaction in Bulgaria.

M&A Deal Summary
Date 2015-07-29
Target Blizoo Media and Broadband EAD
Sector Media
Buyer(s) Telekom Austria
Sellers(s) EQT
Deal Type Add-on Acquisition

Target

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.

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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 2 of 2
Sector (Media) 1 of 1
Type (Add-on Acquisition) 2 of 2
Country (Bulgaria) 2 of 2
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-23 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.

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 71 of 186
Sector (Media) 4 of 4
Type (Add-on Acquisition) 31 of 72
Country (Bulgaria) 2 of 2
Year (2015) 7 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-02 HusCompagniet

Tilst, Denmark

HusCompagniet builds on a strong brand and business model, delivering high-quality single-family houses with great value for money. HusCompagniet was founded in 1972 and is based in Tilst, Denmark.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-05 NAC

Limerick City, Ireland

NAC provides leasing and leases management services to airlines and aircraft investors worldwide. Aircraft are purchased in the primary and secondary markets and NAC is the largest regional fleet owner and aircraft lessor in the world. NAC was founded in 1990 and is based in Limerick City, Ireland.

Buy -
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