Delta Fiber Acquisition, Valuation, Funding & Investors

Delta Fiber was acquired by EQT in October 2021.

Delta Fiber acquisition price

Undisclosed

Acquired by EQT · Oct 2021

Key investors in Delta Fiber

  • EQT
  • Stonepeak
  • Pantheon Ventures

Delta Fiber Overview

About Delta Fiber

Delta Fiber is a Dutch fiber-optic provider building gigabit networks to deliver internet, TV, phone, and mobile services to 500,000 households and businesses in Noord-Brabant and Limburg. Formed in 2021 as a joint venture between DELTA and Odido, the company completed 95% FTTH rollout across 22 municipalities by 2024, offering 1 Gbps downloads for €35 monthly. Its ZiggoGo app integrates 200+ TV channels, WiFi 6 pods, and 5G fixed-wireless hybrid plans reaching 99% coverage. Delta Fiber connects enterprises like ASML with dedicated 10 Gbps links and symmetric bandwidth for cloud backups.


Founded

1991

HQ

NetherlandsRotterdam

Status

Acquired

Customer focus

B2C & B2B

Revenue model

Subscription

Delta Fiber Acquisition

Delta Fiber was acquired by EQT for an undisclosed price on 4 October 2021.

EQT Infrastructure V and Stonepeak agreed on 4 October 2021 to acquire Delta Fiber from EQT Infrastructure III. Each investor holds 50 percent with joint control exercised through a shared board. The transaction value was not disclosed and closing was expected in December 2021, after which EQT Infrastructure V was projected to be 60 to 65 percent invested. The partners set out to extend fibre c

Delta Fiber acquisition details
AcquirerDateType
4 Oct 2021PE buyout

Sources: eqtgroup.com, eqtgroup.com

Delta Fiber Funding History

Delta Fiber has raised 1 funding round.

Delta Fiber funding rounds
DateStageInvestorsDeal Summary
Apr 2022Undisclosed stageStonepeak (lead); EQT (lead); Pantheon VenturesPantheon Ventures announced on 26 April 2022 that it had invested 26.5 million euros, about 22.4 million pounds at the exchange rates of the day, in a Western European fibre-to-the-home operator, identified in Pantheon Infrastructure Plc's portfolio disclosures as the Dutch company Delta Fiber. The investment was made through Pantheon Infrastructure, the London-listed trust Pantheon manages, and was completed as a minority co-investment made with Stonepeak alongside EQT, the two sponsors that own the business. No valuation for Delta Fiber was disclosed and Pantheon did not take control. Pantheon said the investment was consistent with its strategy of building a diversified portfolio of infrastructure assets in sectors with structural growth drivers, and that digital infrastructure had become a core sub-sector supported by growth in mobile data consumption, cloud migration and high-speed network deployment. Richard Sem, the partner at Pantheon managing the trust, described the transaction as an accretive growth opportunity and said the firm was pleased to have partnered with Stonepeak and the company's management team. Delta Fiber provides broadband internet access to nearly one million homes and also sells television and fixed and mobile telephony, using a fibre-based network of about 50,000 kilometres. It is an established operator in its home market in the Netherlands and at the time of the investment had set an ambition to reach two million fibre connections by 2025. Pantheon noted that fibre broadband consumes approximately 40 to 60 per cent less energy than the legacy networks it replaces. Pantheon Infrastructure classified the holding within the digital infrastructure fibre segment of its portfolio, where it was valued at 29.0 million pounds at 31 December 2024.

Who has invested in Delta Fiber?

3 investors have backed Delta Fiber across its funding rounds, including EQT, Stonepeak and Pantheon Ventures.

Lead investors include Stonepeak and EQT.


Delta Fiber Investors

Investors in Delta Fiber by funding rounds participated
InvestorHQRoundsRoleFirst check
EQTSwedenStockholm1LeadApr 2022

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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

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Acquisitions by Delta Fiber

Delta Fiber has acquired 1 company to date.

Last acquisition by Delta Fiber was on December 14th 2018. Delta Fiber acquired Caiway for undisclosed valuation.


Latest Acquisitions by Delta Fiber

Caiway
Description
Caiway owns and operates fiber broadband infrastructure connecting over 350,000 households and businesses in the Netherlands. The Rotterdam-headquartered company delivers internet, TV, and telephony services, with expansions into fiber networks in municipalities like Westland, Schiedam, and Almelo.
HQ CountryNetherlands
HQ City
The Hague
Deal Date14 Dec 2018
Valuationundisclosed
EV/Revenue
EV/EBITDA

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Delta Fiber Competitors

Delta Fiber competitors include listed companies like Telefónica Chile, Ooredoo Oman, SLTMobitel and IndoInternet, and private ones like Truphone and Iranian Net Co..

Public and private companies comparable to Delta Fiber
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Telefónica ChileChileChilePublicly listed$923M$61M$536M-
TruphoneUnited KingdomLondonPrivate$80M-$516M6.5x
Ooredoo OmanOmanOmanPublicly listed$630M$175M$542M1.0x
SLTMobitelSri LankaSri LankaPublicly listed$344M$137M$542M1.9x
IndoInternetIndonesiaIndonesiaPublicly listed$47M$26M$543M-
Iranian Net Co.IranTehranPrivate$31M-$602M19.4x

Delta Fiber Public Comps

Delta Fiber is no longer listed, but its public comps include Telefónica Chile, Ooredoo Oman, SLTMobitel, IndoInternet, Almendral , Kinx, Axtel, Cogent Communications, Cell C and Blu Label Unlimited Group.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Telefónica Chile$923M$61M0.6x-9.8x-
Ooredoo Oman$630M$175M1.0x1.0x3.7x2.8x
SLTMobitel$344M$137M2.1x1.9x5.2x-
IndoInternet$47M$26M15.9x-29.6x-
Almendral $3.1B$719M1.2x-5.1x-
Kinx$116M$37M4.5x4.6x14.1x15.6x
Axtel$720M$247M1.5x1.4x4.3x4.8x
Cogent Communications$976M$164M3.0x3.1x17.9x9.9x

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Common questions about Delta Fiber

When was Delta Fiber founded?Delta Fiber was founded in 1991.
Where is Delta Fiber headquartered?Delta Fiber is headquartered in Rotterdam, Netherlands.
Is Delta Fiber publicly listed?No, Delta Fiber was acquired by EQT in October 2021.
Who acquired Delta Fiber?Delta Fiber was acquired by EQT in October 2021.
What was Delta Fiber's last funding round?Delta Fiber's last funding round was a undisclosed-stage round in April 2022, led by Stonepeak and EQT.
Who are Delta Fiber's investors?Delta Fiber's investors include EQT, Pantheon Ventures and Stonepeak.
Which companies are comparable to Delta Fiber?Companies comparable to Delta Fiber include Telefónica Chile, Truphone, Ooredoo Oman, SLTMobitel, IndoInternet and Iranian Net Co..
How many companies has Delta Fiber acquired?Delta Fiber has acquired 1 company, including Caiway.

See companies similar to Delta Fiber

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