EQT Infrastructure combines GlobalConnect and IP-Only.
The combined entity will be better positioned to serve the growing demand of national and international customers, and the scale of the combined organization will allow strengthened innovation and investment to bring new technologies and solutions faster to the market.
IP-Only owns and operates more than 16,000 km fiber-based network infrastructure that, together with leased lines, covers 230 out of 290 Swedish municipalities. The company today connects more than 230,000 homes and serves more than 3,000 business customers.
GlobalConnect is the leading alternative fiber-based data communication and data center services provider in Norway, Denmark and Northern Germany. In total, the company owns and operates approximately 42,000 km of fiber-based network and 18,000 sqm of data center space. GlobalConnect has around 24,000 business customers and serves around 83,000 private customers in Norway through its Homenet brand.
Vinge has advised EQT Infrastructure in connection with the merger.
Vinge’s team consisted of Daniel Rosvall, Karl Klackenberg, Isabelle Jengsell and Milad Kamali (M&A and Restructuring), Fredrik Dahl and Sara Strandberg (Employment), Sebastian Örndahl (Anti-trust and Regulatory) and Mathilda Persson (Commercial Agreements).