Teras executes its first divestment by selling its stake in Mundo Pacífico
Mundo Pacífico (Chile) was the first investment promoted by Teras Capital, together with Linzor and the support of several Spanish family offices. The acquisition of this company took place in September 2019 and in almost 24 months, in a process led by Teras, it has been acquired by the Digital Bridge, the US leading fund in digital infrastructures.
Teras will continue to advise Digital Bridge in its strategy of development and consolidation of Mundo Pacifico as a key company in its positioning in the fibre business in the region. Mundo Pacífico has an installed base of 3 million homes in Chile and serves more than 650,000 customers where it carried out a growth plan that allowed it to triple its network and users in just 24 months. It has managed to consolidate its position as the leading fibre optic operator in the Chilean telecommunications sector.
Mundo Pacífico has an installed base of 3 million homes in Chile and serves more than 650,000 customers, where it carried out a growth plan that allowed it to triple its network and users in just 24 months. It has managed to consolidate its position as the leading fibre optic operator in the Chilean telecommunications sector.
You can find more about this article:
More news
Olin Group signs the acquisition of the Murcian operator Fibranet
With the purchase of the Murcian firm, it adds 150,000 covered households and aims to reach 1.8 million homes.
Teras Capital Joins Forces with BME to Invest in OpenBrick RE and Innovate Real Estate Financing
We are pleased to announce Teras’ involvement in OpenBrick, an innovative platform developed in collaboration with strategic partners such as Bolsas y Mercados Españoles (BME), Grupo Lar, Renta 4 Banco, ioBuilders, and Garrigues.
Gemswell Surf Madrid closes its financing with the support of Banco Santander, BBVA, and Buenavista.
The financial structure combines bank debt, institutional financing, and equity provided by the partners. This structuring represents a historic milestone in the financing of this segment of sports infrastructure.
Stoneweg and Teras Capital invest £50 million to develop UK’s largest surf park in Birmingham as part of recently launched pan-european urban surf destination strategy
The second wave park investment under Stoneweg Infrasport strategy will transform the UK’s second largest city into one of Europe’s leading urban surf destinations