M&A Deal Summary

UFG Private Equity Acquires IPNet

On June 1, 2008, private equity firm UFG Private Equity acquired communications company IPNet

Acquisition Highlights
  • This is UFG Private Equity’s 1st transaction in the Communications sector.
  • This is UFG Private Equity’s 1st transaction in Ukraine.

M&A Deal Summary

Date 2008-06-01
Target IPNet
Sector Communications
Buyer(s) UFG Private Equity
Deal Type Buyout (LBO, MBO, MBI)

Target

IPNet

Kiev, Ukraine
IPNet is a broadband internet provider based in Kiev. IPNet builds and operates high speed, last mile fibre-based networks that provide household access to the internet at speeds of up to 100 Mbps. This type of network can support true triple play services: high speed internet access, TV, and telephony.

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Buyer(S) 1

Buyer

UFG Private Equity

Moscow, Russia

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2004
PE ASSETS 712M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

UFG Private Equity is a Russian private equity investment firm that also invests in the Ukraine, Belarus and Kazakhstan. UFG looks to invest $15 to $50 million in businesses valued from $20 to $400 million. The Firm does not have any industry preferences, but has a special interest in opportunities in media, IT, telecom, consumer staples, retail and infrastructure related businesses. UFG prefers acquiring controlling stakes, but will consider select minority positions. UFG Private Equity was formed in 2004 and is based in Moscow and is a unit of UFG Asset Management.


DEAL STATS #
Overall 14 of 25
Sector: Communications M&A 1 of 3
Type: Buyout (LBO, MBO, MBI) M&A Deals 12 of 18
Country: Ukraine M&A 1 of 1
Year: 2008 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-04-01 Eurorent

St. Petersburg, Russia

Eurorent is a tower crane rental company that provides its customers with a full range of services related to crane operation, transportation, installation, dismantling, and repair. UFG holds a majority stake in the company.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-07-18 Russian Alcohol

Moscow, Russia

Russian Alcohol is a producer of vodka and ready-to-drink alcoholic beverages. Russian Alcohol was founded in 2003 and is based in Moscow, Russia.

Buy -