Berlin—Global law firm Dentons advised Infracapital Partners Funds on the acquisition of the German fiber optic network operator Breitbandversorgung Deutschland (BBV) from RiverRock.

This is Infracapital’s second investment in the broadband infrastructure in Germany, which is currently one of the most under-served fiber markets in Europe with an average Fibre-to-the-Home connectivity of 10% compared to 36% in the rest of Europe. The transaction will support BBV, focused on the commercial expansion of nationwide fiber optic networks, in further expanding its business in rural areas with no or insufficient broadband supply.

UK-based Infracapital is the infrastructure arm of M&G, one of Europe's leading investment companies. The company invests in, builds and operates a wide range of infrastructure projects across Europe.

Dentons’ advice for Infracapital was brought about based on the long-standing relationship of partners Thomas Dörmer and Tim Heitling with the client. Both have joined Dentons recently and have assisted Infracapital with infrastructure investments for several years.

Advisors to Infracapital:

Berlin:

Corporate/M&A: Dr. Thomas Dörmer (Lead partner, Federführung, Energy/Infrastructure), Dr. Daniel Barth (Partner), Philipp Becker (Counsel, both W&I Insurance), Maximilian Santüns (Associate)

Competition & Antitrust: Dr. Josef Hainz (Partner), Jürgen Bering (Associate), Alexandra Prohm (Associate)

IP: Dr. Stefan Dittmer (Partner), Dr. Jana Semrau-Brandt (Senior Associate) 

Employment: Dr. Markus Diepold (Partner) Isabelle Puhl (Senior Associate), Bernadette Solange Baas (Associate)

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