BC Partners appears to have won the competition to acquire Swedish cable TV operator Com Hem, as the companies announced a deal late last week worth about $2.6 billion.
The private equity firm, which actually is buying the operator from two other private equity firms--Carlyle Group and Providence Equity Partners--was one of several parties that had been understood to be in the running to buy Com Hem. Carlyle and Providence have owned Com Hem, which has about 1.8 million customers, for about the last five years.
- see this BroadbandTV News story
Com Hem reportedly had drawn several acquisition offers
Com Hem is among cable operators that joined the TM Forum