Infracapital – Acquisition of stake in German broadband company
Infracapital has acquired a controlling stake in Broadband company CCNST. This was the first investment that the firm has made through its Infracapital Partners III fund. The German broadband company has 3,300km of fibre passing 60,000 premises in Bavaria, and more than 2,000 connections. Financial details of the transaction have not been disclosed.