CVC and Jersey Telecom to Acquire Manx Telecom Group
Manx Telecom Group, the incumbent telecommunications provider on the Isle of Man, is being acquired by CVC DIF and Jersey Telecom from Basalt Infrastructure Partners.
Manx is an integrated digital-infrastructure platform that provides broadband, fixed line, mobile, and secure data services to residential, business, and public sector customers.
- Founded in 1987 and based in the Isle of Man
- Provides services to residential, business, and public sector customers
- Investment to be made through DIF Infrastructure VIII
- Expected to close in Q4 of 2025, subject to customary closing conditions
The investment advisor, Basalt, focuses on mid-market investments in utilities, power, transport, and digital infrastructure in North America and Europe.
No additional information is available at this time.
Author's summary: CVC and Jersey Telecom acquire Manx Telecom Group from Basalt Infrastructure Partners.
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