Osborne Clarke has advised Morrison & Co on the deal.
Morrison & Co acquired a majority interest in Fore Freedom Holdings B.V., a fibre-to-the-premises network business in the Netherlands, from funds managed by Ancala Partners. The purchase has been made on behalf of the Morrison & Co Growth Infrastructure Fund, which invests in infrastructure growth platforms with data connectivity as a core focus areas.
Fore Freedom is a developer, owner and operator of fibre networks to businesses across the Netherlands, providing connections with speeds of up to a market-leading 1 Gbps. With a client list including leading blue-chip businesses, Fore Freedom operates an open-access model, enabling a wide range of internet service providers to operate via its networks, resulting in cost competitive flexibility and choice for end-subscribers.
Morrison & Co is a purpose-driven infrastructure investor managing around US$10.5 billion of global funds. It supports innovative, sustainable businesses that deliver essential services for local communities.
The Osborne Clarke team in the UK was led by Partner Sarah Knight (Picture) who was supported by Senior Associate Jonny Gait, Partner Erika Jupe and Associate Helena Zaba. Partner Herke van Hulst led the team in the Netherlands and was supported by Senior Associates Marie-Louise Weeda, Tax partner Job van der Pol and Maurits Hofman.
Involved fees earner: Jonny Gait – Osborne Clarke; Erika Jupe – Osborne Clarke; Sarah Knight – Osborne Clarke; Job van der Pol – Osborne Clarke; Herke van Hulst – Osborne Clarke; Marie-Louise Weeda – Osborne Clarke; Helena Zaba – Osborne Clarke;
Law Firms: Osborne Clarke;
Clients: Morrison & Co.;