M&A Deal Summary

Ufinet Telecom Acquires IFX Networks

On August 28, 2017, Ufinet Telecom acquired communications company IFX Networks

Acquisition Highlights
  • This is Ufinet Telecom’s 1st transaction in the Communications sector.
  • This is Ufinet Telecom’s 1st transaction in the United States.
  • This is Ufinet Telecom’s 1st transaction in Florida.

M&A Deal Summary

Date 2017-08-28
Target IFX Networks
Sector Communications
Buyer(s) Ufinet Telecom
Deal Type Add-on Acquisition

Target

IFX Networks

Hallandale, Florida, United States
IFX Networks is a managed service provider in Latin America specialized in telecommunications and IT solutions and infrastructure. IFX Networks was founded in 1999 and is based in Hallandale, Florida.

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Buyer(S) 1

Buyer

Ufinet Telecom

Madrid, Spain

Category Company
Founded 1998
Sector Communications
DESCRIPTION

Ufinet Telecom is a provider of fibre infrastructure and transmission services to telecom operators in Spain and international markets. The Group has a fibre network spanning more than 66,800 kilometres across two continents. Ufinet Telecom was founded in 1998 and is based in Madrid, Spain.


DEAL STATS #
Overall 1 of 1
Sector: Communications M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Florida M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2017 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-14 Lyntia

Alcobendas, Spain

Lyntia is an independent wholesale fibre platform in Spain with a unique nation-wide long-haul network providing dark fibre, lit fibre and FTTH to telecommunications operators. The company has a network of 43,439 kilometres with significant metro capillarity and a presence in 1,912 cities across Spain. Lyntia is based in Alcobendas, Spain.

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