Linklaters advises InfraVia Capital Partners on the acquisition of 50% of FiberForce, subsidiary of Play Group
Linklaters has advised InfraVia Capital Partners on the acquisition of 50% of FiberForce, Play Group’s subsidiary, for PLN 1.775 billion (approximately €378 million). InfraVia Capital Partners, a private equity firm specialised in the infrastructure and technology sector, and Play Group, one of Poland's leading fixed, digital TV and mobile convergent players, operating Play and UPC brands, pave the way for providing access to high-speed connectivity to 6 million homes in Poland, using existing infrastructure and through further significant investments. At transaction close, Play/UPC will transfer its existing HFC and FTTx asset base of 3.7 million homes passed to FiberForce, the latter having the ambition to build more than 2 million additional fiber optic connections. The network will be available for all telecommunication operators in a wholesale, open-access model.
Completion of the transaction is subject to regulatory approval.
The Linklaters Paris team was composed of Florent Mazeron, partner, Benjamin Prévost, managing associate, and Espérance Ait Bachir, associate in Corporate / M&A, Darko Adamovic, partner, and Alex Bluett, managing associate in Energy & Infrastructure, Cyril Boussion, partner, and Nicolas Le Guernic, associate in Tax, and Pierre Zelenko, partner, Nicolas Zacharie, counsel, and Maëlys Duval, associate in Antitrust & Foreign Investment.
The Warsaw office was also involved in this transaction.