EQT’s infrastructure fund is acquiring a coaxial and fibre infrastructure company and an internet service provider from Bouwfonds Investment Management’s infrastructure fund.

The parties have agreed not to disclose financial details of the transaction.

EQT, the Stockholm-headquartered alternative investments firm, said EQT Infrastructure Fund has agreed to buy CIF Holding, an infrastructure company in the Netherlands. The acquisition of CIF includes the takeover of CAIW Holding, a regional internet service provider.

CIF is part of Rabo Bouwfonds Communication Infrastructure Fund, which is close to the end of its 10-year life.

Matthias Fackler, partner at EQT Partners and investment advisor to EQT Infrastructure said, EQT Infrastructure looks forward to supporting CAIW’s growth in the Dutch telecom and infrastructure market.

CIF and CAIW will be merged with Delta, a telecom infrastructure company acquired by EQT last year. “Following last year’s investment in the telecom infrastructure company Delta, the acquisition of CAIW fortifies EQT Infrastructure’s commitment to the Dutch fiber segment,” Fackler said.

The transaction, which is subject to customary conditions, is expected to close before the end of the year.

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