EQT Infrastructure Acquires IP-Only

June 11, 2019

The EQT Infrastructure IV fund has agreed to acquire IP-Only from EQT Mid Market and EQT Mid Market Europe funds for an enterprise value of SEK 18,250 million plus an earn-out of up to SEK 1,000 million. IP-Only owns and operates ~16,000 km of fiber network across Sweden and provides wholesale fiber access, enterprise connectivity and co-location data center services; the transaction is expected to close in June 2019.

Targets
IP-Only
Sellers
EQT Mid Market, EQT Mid Market Europe funds
Location
Sweden
Transaction Type
Buyout

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