Arcus Infrastructure Partners, an independent fund manager with significant experience in European telecommunications infrastructure investments, announced today the acquisition of a majority equity interest in E-Fiber Exploitatie B.V. (“E-Fiber” or the “Company”), partnering with the founding management team. With this new partnership, E-Fiber is well-positioned to significantly expand its fibre-to-the-home (“FttH”) network footprint in the Netherlands.
Jack Colbourne and Jordan Cott, who have led the investment on behalf of Arcus, commented: "We are very pleased to announce our investment in E-Fiber and look forward to supporting the management team in building the business. We are convinced that E-Fiber will grow to become a large-scale fibreoptic network infrastructure platform, providing next-generation, ultra-fast broadband to many communities in the Netherlands. E-Fiber’s mission to address the digital infrastructure requirements of tomorrow is fundamentally aligned with our strategy as a long-term investor.” According to Eric Vos, CEO of E-Fiber, this new partnership with Arcus fits perfectly with the management team’s vision for the Company: "Combining our know-how in the development and management of fibre-to-the-home networks with the longstanding sector investment expertise of Arcus will enable us to deliver fibre-based, high-speed broadband to thousands of households."
As part of the transaction, significant new capital will be invested into the Company to fund near-term projects, including ongoing initiatives in various municipalities. The transaction also included the acquisition of shares and repayment of debt previously held in the Company by NIBC Bank. Frans van der Harst from NIBC comments: “In the recent years we have supported E-Fiber in its transition from a single site network owner to a recognized fibreoptic infrastructure developer. Today E-Fiber is the preferred partner of many Dutch municipalities to realise FttH access in the most efficient and cost-effective way for their citizens. We are proud to have contributed to this and are convinced that Arcus is the right partner for E-Fiber to further expand the business.”
E-Fiber is a business that develops, constructs and commercialises fibre-to-the-home networks in the Netherlands. The Company currently owns fibreoptic networks in operation that connect to over 100.000 households, and is planning additional roll-outs over the coming years. E-Fiber supports the belief that every household in the Netherlands should have fibre-based broadband access. At a recent community meeting, Eric Vos said: “Whether you live in a town, small city or rural area, E-Fiber can invest to build high-quality, fibre-to-the-home infrastructure to suit your future needs, relying on constant innovation, proven expertise and hard work. Our overarching aim is simple: fast and reliable broadband for everyone.”
For further information: www.e-fiber.nl
Arcus Infrastructure Partners is an independent fund manager focused solely on long-term investments in European infrastructure. Arcus invests on behalf of institutional investors through discretionary funds and special co-investment vehicles and, through its subsidiaries, currently manages investments with an aggregate enterprise value in excess of €17bn (as of 31 March 2018). The Arcus track record for telecommunications infrastructure investments includes: Shere Group, a mobile towers business with operations in the UK and the Netherlands, which was realised in October 2016 after more than doubling its portfolio size since the initial Arcus investment; TDF, the largest French telecommunications infrastructure owner and operator, acquired in 2015; and most recently, Swiss4net, a Swiss fibre-to-the-home network developer and operator. Arcus targets mid-market, value-add infrastructure investments, with a particular focus on businesses in the transportation, energy and telecommunications sectors.
For further information: www.arcusip.com