BC Partners


BC Partners strikes deal for United Group to take stake in Forthnet

Private equity group BC Partners has struck an agreement with Greek pay TV outfit Forthnet’s creditor banks that will see BC-owned United Group take a one third stake in the company. The deal will see United Group take on about 50% of Forthnet’s convertible bonds and loan receivables along with shares in the company, initially, […]

United Group owner BC Partners set to acquire Greece’s Forthnet

The creditors of indebted Greek service provider Forthnet – owner of the Nova TV pay TV operation – have reportedly entered into exclusive talks with private equity outfit BC Partners, owner of south-eastern European operator United Group, to sell their stake in the company. BC Partners would take on Forthnet’s debt as well as acquiring […]

United Group expands reach in SE Europe with Vivacom acquisition

United Group, the pay TV and cable service provider that operates across countries of the former Yugoslavia, has agreed to acquire Bulgarian telecom operator Vivacom for a reported €1.2 billion. The pay TV operator, owned by private equity outfit BC Partners since March last year, will acquire Vivacom, expanding its geographic reach and cementing its […]

Swedish investment firm buys 18.5% Com Hem stake

Swedish investment firm Kinnevik has bought an 18.5% stake in domestic TV, broadband and landline provider Com Hem in a SEK3.7 billion (€384 million) deal. Kinnevik, which is also an investor in Swedish telco Tele2 and Nordic entertainment group MTG, agreed to buy 33.9 million Com Hem shares from NorCell – the indirect investment holding […]

Altice-Cablevision deal ‘fully funded’, partners to take US$1bn stake

Altice said that its US$17.7 billion (€15.7 billion) deal to acquire US cable player Cablevision is now “fully funded” after two fund partners agreed to take a US$1 billion stake. Funds advised by BC Partners (BCP) and Canada Pension Plan Investment Board (CPPIB) agreed to buy 30% of the equity of Cablevision for roughly US$1 billion. The […]

Intelsat reportedly looking to sell assets

Satellite operator is exploring a sale of some of its assets and has approached rival Eutelsat and Liberty Media to gauge interest, according to a Financial Times report. The article, which cites people familiar with the matter, claims that Intelsat is mulling the sale of some of its assets in order to pay off a […]

Com Hem prices IPO at €6.44 per share, nets €629 million

Com Hem has priced its over-subscribed IPO offering at SEK58 (€6.44) per share, with trading on the NASDAQ OMX in Stockholm commencing today.  The Swedish cable operator said that the share price gives it a market capitalisation of SEK11.47 billion (€1.27 billion), with the 97.75 million newly issued shares netting the firm SEK5.67 billion (€629 […]

Com Hem in IPO talks

Swedish cable operator Com Hem has reportedly held preliminary talks with London-based private-equity firm BC Partners about an initial public offering. According to a Bloomberg report, which cites three people familiar with the matter, discussions are at an early stage, with no decision yet reached about the stock market float. BC reportedly hasn’t appointed advisors […]