
Agilitas backs Teracom Danmark
European mid-market private equity firm Agilitas has acquired Teracom Danmark, a Danish broadcasting tower infrastructure operator, from Swedish state-owned broadcasting company Teracom.
Financing for the transaction was provided by Nykredit Bank and Capital Four.
Agilitas's Kevin Iermiin will join the board of Teracom Danmark to support the management in this new phase of expansion.
Agilitas is currently investing via its Agilitas 2015 Private Equity Fund.
Company
Headquartered in Copenhagen, Teracom Danmark is made up of Teracom and Digital Radio Teracom, and is the owner and operator of Denmark's nationwide digital terrestrial TV and terrestrial radio broadcasting tower infrastructure.
The company owns 34 high towers located across Denmark, providing nationwide broadcast and transmission coverage, and operates several data centres and 3,500 km of fibre connections. it also provides Internet-of-Things services and networks for mission critical services. It employs approximately 70 staff.
People
Agilitas – Martin Calderbank (managing partner).
Teracom Danmark – Martin Løbel (CEO).
Advisers
Equity – Plesner (legal); PwC (financial due diligence, tax); Solon Strategy (commercial due diligence).
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater