Sale of Qube GB to Intermediate Capital Group backed Circet

Deal typePrivate Equity & Transaction Services
IndustryTechnology & Media
Sub-industryTechnology & Telecommunications
Client nameQube GB

BDO provided vendor financial and tax due diligence to support the sale of Qube GB to Circet, a leading European telecom network service provider. 

Qube GB is a leading UK-wide outsourced in-home broadband service provider, supplying engineers on behalf of telecom providers such as BT and TalkTalk. Services include WiFi installation services, fault repair, managed services and other hardware installation and maintenance. In recent years the business has made in-roads into the fibre market in addition to the traditional copper market. 

Circet, headquartered in France and backed by Intermediate Capital Group is a telecoms infrastructure support provider. Circet provides a full range of fixed and mobile services from planning a network rollout, installation and maintenance.

 

“We’re delighted to see Qube GB working with Circet, adding further in-home capabilities to its predominately existing network-based activities.”

Derek Neil, Partner, BDO LLP