WP Global Partners Announces Agreement to Exit euNetworks

On November 6, 2017, euNetworks and Stonepeak Infrastructure Partners announced the signing of a merger agreement, through which Stonepeak will acquire a majority interest in the company.

euNetworks acquires, develops and manages dense fiber networks across Western Europe. WP Global invested in euNetworks to capitalize on the growing need for more data bandwidth to accommodate the explosion of data traffic. WP was also attracted to euNetworks’ recurring revenue model derived from multi-year customer contracts.

About WP Global Partners

WP Global Partners is a private markets firm focused on investing in operating companies with enterprise values under $250 million via both direct and fund vehicles across both private equity and private debt strategies. With decades of experience, the WP Global team has collectively invested $6 billion into over 100 companies and 400 small to mid-market funds.

2018-01-25T16:31:22+00:00 December 22nd, 2017|Comments Off on WP Global Partners Announces Agreement to Exit euNetworks