M&A Deal Summary

Tofane Global Acquires iBasis

On March 8, 2018, Tofane Global acquired communications company iBasis from Koninklijke KPN

Acquisition Highlights
  • This is Tofane Global’s 1st transaction in the Communications sector.
  • This is Tofane Global’s 1st transaction in the United States.
  • This is Tofane Global’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 2018-03-08
Target iBasis
Sector Communications
Buyer(s) Tofane Global
Sellers(s) Koninklijke KPN
Deal Type Divestiture

Target

iBasis

Burlington, Massachusetts, United States
iBasis, Inc. is a international voice carrier and provider of value-added services for mobile operators. We offer a comprehensive portfolio of voice termination and data services, including messaging, signaling and roaming, for many of the world’s largest fixed and mobile operators, as well as voice-over-broadband (OTT) service providers.

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Buyer(S) 1

Buyer

Tofane Global

Paris, France

Category Company
Founded 2017
Sector Communications
DESCRIPTION

Tofane Global is a provider of communications solutions enabling operators and digital players worldwide with their core strategies, performance, and transformation. Tofane Global was founded in 2017 and is based in Paris, France.


DEAL STATS #
Overall 1 of 4
Sector (Communications) 1 of 4
Type (Divestiture) 1 of 3
State (Massachusetts) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-12 Altice SA - International Wholesale Voice Carrier Business

Luxembourg, Luxembourg

Altice SA - International Wholesale Voice Carrier Business provides original content, high-quality and compelling TV shows, and international, national and local news channels in France, Portugal and the Dominican Republic.

Buy -

Seller(S) 1

SELLER

Koninklijke KPN

Rotterdam, Netherlands

Category Company
Founded 1881
Sector Communications
Employees7,016
Revenue 5.4B EUR (2023)
DESCRIPTION

Koninklijke KPN is a provider of ICT services. With a wide range of products and services, we operate with different brands many different customer groups - at home and abroad. Prepaid calling in the U.S., to interactive HD television in the Netherlands. Koninklijke KPN was founded in 1881 and is based in Rotterdam, the Netherlands.


DEAL STATS #
Overall 4 of 7
Sector (Communications) 2 of 3
Type (Divestiture) 4 of 7
State (Massachusetts) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-03 QSight IT Holding B.V.

Delft, Netherlands

QSight IT Holding B.V. is a managed security services and public cloud consultancy provider. QSight IT offers a breadth of managed security services including proactive 24/7 cyber threat security monitoring services, operational security management and cloud consultancy. QSight IT Holding B.V. was founded in 1999 and is headquartered in Delft, Netherlands.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-08 KPN International

The Hague, Netherlands

KPN International is a telecommunications and IT provider, serving both Dutch and International customers with its connectivity and value-added services. KPN International offers its services to small-, medium-, and large-size business customers and Wholesales customers worldwide.

Sell €50M