Investments
Cameron Barney advises Wifinity on its acquisition of Optify and Mediaforce from PCCW Global
November 2020
Cameron Barney acted as exclusive financial adviser to Wifinity.
Cameron Barney LLP is pleased to announce that it acted as exclusive financial adviser to Wifinity Ltd. (“Wifinity”) in acquiring PCCW Global Networks (UK) Limited which trades under the Optify and Mediaforce brands.
Wifinity builds and operates campus and MDU broadbands networks throughout the UK and is best known for its services to the public sector, MOD and holiday parks. The acquisition of Optify and Mediaforce extends Wifinity’s activities with the MoD, student accommodation and MDU arenas.
Charles Cameron, Partner of Cameron Barney, commented: “We are delighted to have advised Wifinity on this transaction. Work on this project began in 2017, so it is a pleasure to have been able to assist the Wifinity team in achieving this objective.”
“We are pleased to successfully acquire Optify from PCCW. Cameron Barney played a pivotal role for us in this transaction and we would choose them again if we faced another complex corporate transaction.”
About Cameron Barney
Cameron Barney is an independent merchant bank providing financing and M&A advice to fast-growing companies in the ‘infra-tech’ sector. Cameron Barney has advised on over 20 transactions in the UK broadband sector. In addition to its advisory work Cameron Barney is co-manager of Digital Infrastructure Investment Partnership (DIIP) which invests directly in fibre broadband infrastructure in the UK. Cameron Barney is authorised and regulated by the Financial Conduct Authority.
