Telecommunications & Connectivity
Operators, resellers, and B2B connectivity businesses valued on subscriber economics and network position.
INDUSTRIES
Media & Telecommunications
This is a consolidating sector, and the businesses caught in the middle of it are the ones we work with: digital-infrastructure assets ready for institutional capital, and cash-flow media businesses facing the choice between raising to compete and exiting before the window closes. The decision is rarely obvious and is usually made with no one independent at the table.
We work with founder-owners before that choice is made, and we structure the path that the consolidation pressure makes necessary.
We consolidate in a consolidating sector. Digital-infrastructure and cash-flow media assets, raise or exit, with co-investment attached.
We consolidate in a consolidating sector. Digital-infrastructure and cash-flow media assets, raise or exit, with co-investment attached.
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Where we engage
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Raise-or-exit decisions for founder-owners under consolidation pressure
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Placement of digital-infrastructure assets with institutional capital
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Consolidation of cash-flow media businesses into a single platform
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Co-investment alongside the firm in sector transactions
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Cross-border structuring where assets and capital sit in different jurisdictions
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Sector coverage
We advise owners across networks, content, and audiences, where distribution economics and rights determine what a business is worth.
Fibre & Network Infrastructure
Owned-network businesses where infrastructure capital has changed the buyer universe.
Towers
Tower portfolios and neutral-host infrastructure valued on tenancy ratios, escalation, and long-dated contracted cash flow.
Content Production & Studios
Production companies and catalogues where rights ownership separates fee-for-service from enterprise value.
Streaming & Digital Media
Audience platforms judged on retention, rights cost, and the economics of distribution.
Publishing & B2B Media
Trade media, data, and events businesses where the move to subscription and data has been made or missed.
Advertising & Marketing Platforms
Media and adtech businesses where first-party data and margin quality decide the multiple.
Gaming & Interactive
Studios and platforms where live-service revenue and owned intellectual property command institutional attention.
Sports, Rights & Entertainment Properties
Rights holders, clubs, and properties drawing private capital into a once-closed market.
Out-of-Home & Broadcast
Audience businesses with regulated positions and infrastructure characteristics.
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What we are seeing
Infrastructure capital and content capital have diverged. Networks trade on duration, content trades on rights, and few owners hold both cleanly.
Private capital has entered sport and rights at every level, and founder and family owned properties are fielding approaches with little precedent to price against.
Consolidation in connectivity has moved to the mid-market. Regional operators, B2B specialists, and fibre owners are the current targets.
Typical situations
Typical Situations
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A founder-owner under consolidation pressure deciding between raising and exiting.
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A digital-infrastructure asset ready for institutional capital but not yet structured for it.
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A cash-flow media business consolidating with co-investment alongside it.
If this is your position, or that of a client, it is worth a conversation.
Discuss a matter with us.
If you have a transaction, a capital requirement, a structuring question, or a matter that requires coordination across multiple jurisdictions and disciplines, we should speak.
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