1. Home >
  2. M&A >
  3. Divestiture >
  4. Australia >
  5. TPG Acquires AAPT

M&A Deal Summary

TPG Acquires AAPT

On December 9, 2013, TPG acquired communications company AAPT from Spark New Zealand for 450M AUD

Acquisition Highlights
  • This is TPG’s 2nd transaction in the Communications sector.
  • This is TPG’s largest (disclosed) transaction.
  • This is TPG’s 4th transaction in Australia.

M&A Deal Summary
Date 2013-12-09
Target AAPT
Sector Communications
Buyer(s) TPG
Sellers(s) Spark New Zealand
Deal Type Divestiture
Deal Value 450M AUD

Target

AAPT

Sydney, Australia
AAPT Ltd. is a provider of telecommunications infrastructure companies, offering voice, internet, data and cloud services for business and wholesale customers via its extensive national network.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

TPG

Barangaroo, Australia
Category Company
Sector Communications
Employees3,300
Revenue 5.5B AUD (2024)
DESCRIPTION

TPG is a provider of a diverse range of communication services to residential users, small and medium enterprises (SMEs), government, large corporate enterprises and wholesale customers. TPG offers nationwide ADSL2+, NBN, Fibre Optic and Ethernet broadband access, telephony services, Internet Protocol Television (IPTV), SIM Only Mobile plans and various business networking solutions. TPG is based in Barangaroo, Australia.

DEAL STATS #
Overall 4 of 5
Sector: Communications M&A 2 of 3
Type: Divestiture M&A Deals 1 of 1
Country: Australia M&A 4 of 5
Year: 2013 M&A 1 of 1
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-07-14 IntraPower

Milton, Australia

IntraPower Ltd. is a provider of high-availability on-demand information, communication, technology & telecommunication services to commercial and government organisations in Australia.

Buy AU$13M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-12 iiNet

Perth, Australia

iiNet is an internet service provider through its subsidiaries include Internode, Westnet, AAPT Limited, Adam Internet, TransACT and Netspace. The company provides ADSL-based Internet access, using their own ADSL2+ infrastructure and reselling Telstra ADSL services, as well as reselling the NBN. iiNet also provides optical-fiber, dial-up, and voice services. iiNet was formed in 1993 and is based in Perth, Australia.

Buy AU$1.4B

Seller(S) 1

SELLER

Spark New Zealand

Auckland, New Zealand
Category Company
Founded 1987
Sector Communications
Employees3,847
Revenue 3.6B NZD (2025)
DESCRIPTION

Spark New Zealand is a provider of telecommunications, and information and communications technology (ICT) services in New Zealand and internationally. Spark New Zealand was founded in 1987 and is based in Auckland, New Zealand.

DEAL STATS #
Overall 1 of 3
Sector: Communications M&A 1 of 2
Type: Divestiture M&A Deals 1 of 3
Country: Australia M&A 1 of 1
Year: 2013 M&A 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-05-07 Revera

Auckland,, New Zealand

Revera Limited is a provider of cloud and data centre services for businesses. Company has success in managing critical data and systems for New Zealand's most important organisations.

Buy NZ$85M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-04 Telecom Rentals

Wellington, New Zealand

Telecom Group provide a true end to end IT and telecommunications capability which includes flexible financial solutions.

Sell NZ$110M
Mergr

Solution for

Product

Company

Legal