Transactions

TIME dotCom Berhad: Strategic partnership with DigitalBridge in relation to AIMS

Mergers & Acquisitions, Transactions / By

Transactions Transactions Client – TIME dotCom Berhad (“TIME”) Target – AIMS Data Centre (“AIMS”) Investor – Affiliates of DigitalBridge Group, Inc.  (“DigitalBridge”) Transaction summary Deal value Transaction highlights The transaction values AIMS at an EV of RM3.2 billion, implying an EV/FY21 EBITDA multiple of 37.3x The valuation reflects the high quality of the asset and …

TIME dotCom Berhad: Strategic partnership with DigitalBridge in relation to AIMS Read More »

Protelindo: Acquisition of PT Alita Praya Mitra’s (“Alita”) fibre optic assets

Mergers & Acquisitions, Transactions / By

Transactions Transactions Client – PT Profesional Telekomunikasi Indonesia (“Protelindo”) Target – Acquisition of ~10,800km of revenue generating fibre assets from Alita by PT BIT Teknologi Nusantara (“BIT”), a wholly owned subsidiary of PT iForte Solusi Infotek (“iForte”), the fibre optic and connectivity arm of Protelindo. Transaction summary Deal value Transaction highlights Marks Protelindo’s first fibre …

Protelindo: Acquisition of PT Alita Praya Mitra’s (“Alita”) fibre optic assets Read More »

Beam: USD93m Series B equity raise

Private Capital Raises, Transactions / By

Transactions Transactions Client – Beam Mobility Holdings Pte. Ltd. (“Beam”) Investor group Lead investor(s): Affirma Capital Follow-on investor(s): Alumni Ventures EDB Investments Hana Bank ICT Capital Partech RTP Global Investments Sea Frontier Fund Sequoia Capital SMRT Ventures Translink Capital Transaction summary Deal value USD93m Transaction highlights Largest capital raise in the micromobility sector in ASEAN Investment …

Beam: USD93m Series B equity raise Read More »

GNI: Series A equity raise for Phil-Tower Consortium Inc (“PTCI”)

Private Capital Raises, Transactions / By

Transactions Chief Executive Officer Client – Global Network Inc.(“GNI”) Investor group Lead investor(s): Macquarie Capital Follow-on investor(s): Not applicable Transaction summary Deal value 25 years Transaction highlights Innovative structure designed to minimise dilution to the founding shareholders Capital raised at an attractive valuation, especially given the greenfield nature of operations Series A raise will enable …

GNI: Series A equity raise for Phil-Tower Consortium Inc (“PTCI”) Read More »

Protelindo: Acquisition of 94.03% of STP

Mergers & Acquisitions, Transactions / By

Transactions Chief Executive Officer Transactions Chief Executive Officer Client – PT Profesional Telekomunikasi Indonesia (“Protelindo”) Target – Acquisition of PT. Solusi Tunas Pratama Tbk. Transaction summary Deal value 25 years Transaction highlights Largest M&A transaction in the Indonesian tower industry to-date Protelindo’s 6th and largest transaction in the last 6 years Cements Protelindo’s lead as …

Protelindo: Acquisition of 94.03% of STP Read More »

PropertyGuru: Senior debt financing

Private Capital Raises, Transactions / By

Transactions Chief Executive Officer Transactions Chief Executive Officer Client – PropertyGuru Pte. Ltd. (“PropertyGuru”) Investor group Lead investor(s): Corporates, family offices and HNWIs Follow-on investor(s): Not applicable Transaction summary Deal value 25 years Transaction highlights Proceeds used for refinancing of existing facility and additional working capital needs Material reduction in cost of funds over renewal …

PropertyGuru: Senior debt financing Read More »

AP Towers Group: USD140m sub-debt financing

Private Capital Raises, Transactions / By

Transactions Chief Executive Officer Transactions Chief Executive Officer Client – AP Towers Holdings Pte. Ltd. (“AP Towers Group”) Investor group Lead investor(s): Sovereign wealth fund Global insurance company Follow-on investor(s): Specialist credit funds Non-bank finance companies Transaction summary Deal value 25 years Transaction highlights Largest subordinated debt facility in the Myanmar telecoms industry to date …

AP Towers Group: USD140m sub-debt financing Read More »

Protelindo: Acquisition of ~1,700 towers from XL Axiata

Mergers & Acquisitions, Transactions / By

Transactions Chief Executive Officer Transactions Chief Executive Officer Client – PT Profesional Telekomunikasi Indonesia(“Protelindo”) Target – Acquisition of ~1,700 towers from PT XL Axiata Tbk (“XL Axiata”) Transaction summary Deal value 25 years Transaction highlights Protelindo’s fifth successive M&A win in five years and second successful towers acquisition from XL Axiata Second successful back-to-back sale …

Protelindo: Acquisition of ~1,700 towers from XL Axiata Read More »

FinAccel: USD90m Series C equity raise

Private Capital Raises, Transactions / By

Transactions Chief Executive Officer Transactions Chief Executive Officer Client – FinAccel Pte. Ltd. (“FinAccel”) Investor group Lead investor(s): Mirae-Naver Asia Growth Fund Square Peg Capital Follow-on investor(s): Singtel Innov8 Cathay Innovation Kejora-Intervest Mirae Asset Reinventure DST Partners TMI (Telkomsel Indonesia) Transaction summary Deal value 25 years Transaction highlights Largest private capital raise for an Indonesian …

FinAccel: USD90m Series C equity raise Read More »

Protelindo: Acquisition of 1,000 towers from Indosat

Mergers & Acquisitions, Transactions / By

Transactions Chief Executive Officer Transactions Chief Executive Officer Client – PT Profesional Telekomunikasi Indonesia (“Protelindo”) Target – Acquisition of 1,000 towers from PT Indosat Tbk. (“Indosat”) Transaction summary Deal value 25 years Transaction highlights First acquisition of towers from Indosat, with Indosat entering into a 10-year lease arrangement as anchor tenant Further enhances Protelindo’s Tier-1 …

Protelindo: Acquisition of 1,000 towers from Indosat Read More »