Transaction summary &
Highlights
E-Fiber Exploitatie B.V. (“E-Fiber”), the 3rd largest fibre-to-the-home (“FTTH”) network owner in the Netherlands was acquired by Open Dutch Fiber B.V. (“ODF”), a portfolio company of Kohlberg Kravis Roberts & Co (“KKR”) and Digital Transformation Capital Partners (“DTCP”).
E-Fiber was majority owned by Arcus Infrastructure Partners (“Arcus”) since May 2018. During its ownership, E-Fiber has grown its business by more than 7x in terms of homes passed.
E-Fiber complements the strategic focus of ODF to not only continue rolling out fibre in urban and semi-urban areas but also in less dense areas across the Netherlands. Both companies will benefit from a complimentary footprint and various synergies.
Background
Arcus is an independent fund manager focused solely on mid-market European infrastructure investments in the following sectors: digital, transportation, energy, and logistics & industrials.
E-Fiber
E-Fiber is an open access local area FTTH network developer, owner and operator based in Zeist, Netherlands. The company targets less densely populated municipalities and some rural dwellings.
ODF
ODF, a joint venture of KKR and DTCP, founded in April 2021 builds and operates open fibre optic networks and has up to now announced the building of over 400.000 high-quality fibre connections to Dutch households.