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04/2023

ONE (EX VODAFONE HUNGARY) acquired by 4IG

HUNGARY Telecom / Operators EV 1b - 4b USD

Context

4iG and the Hungarian State have finalized a definitive agreement to acquire 100% of Vodafone Hungary, executing a major, market-consolidating corporate buyout within the Central and Eastern European telecommunications sector. The transaction was structured via a joint acquisition vehicle, under which the Hungarian State acquired a 49% equity stake in the operator, alongside 4iG. Backed by experienced financial and legal advisors who provided strategic transaction services, the corporate combination successfully received full clearance from the relevant regulatory authorities before closing. 4iG and the Hungarian State have finalized a definitive agreement to acquire 100% of Vodafone Hungary, executing a major, market-consolidating corporate buyout within the Central and Eastern European telecommunications sector. The transaction was structured via a joint acquisition vehicle, under which the Hungarian State acquired a 49% equity stake in the operator, alongside 4iG. Backed by experienced financial and legal advisors who provided strategic transaction services, the corporate combination successfully received full clearance from the relevant regulatory authorities before closing.

ONE (EX VODAFONE HUNGARY), which reported an EBITDA margin of LOGIN in 2022, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the TMT (Tech, Media, Telecom) sector (14.4x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

One (formerly Vodafone Hungary) is a leading telecommunications operator in Hungary, offering a comprehensive range of mobile and fixed telephony services, as well as connectivity and digital transformation services. With an extensive presence in the country, Vodafone Hungary is recognized for its reliability and quality of service, serving over 800,000 fixed-line customers and 3 million mobile customers. The company is well-positioned to capitalize on the growing demand for telecommunications and digital transformation services in Hungary, and is a key player in the Hungarian telecommunications market. Founded several decades ago, Vodafone Hungary has evolved to become one of the leading providers of telecommunications services in Hungary, with a comprehensive range of mobile and fixed telephony services, as well as connectivity and digital transformation services.

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Historical Financials (USD)

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REFERENCES

Valuation range: EV 1b - 4b USD

Revenue range: 450M - 900M USD

EBITDA range: 150M - 250M USD

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of ONE (EX VODAFONE HUNGARY) by 4IG are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Target: one (ex vodafone hungary)

Acquirer: 4ig