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Deutsche Beteiligungs AG: Disposal of investment in DNS:Net


Successful conclusion of second investment in broadband telecommunications
Ambitious provider of gigabit infrastructure: Strong growth, supported by equity financing
Value contribution of approximately 11 million euros in the second quarter of 2020/2021
Frankfurt/Main, 1 April 2021. Deutsche Beteiligungs AG (DBAG) has successfully concluded its investment in DNS:Net Internet Service GmbH (DNS:Net), a strongly growing provider of fibre-optic internet connections, through the sale of DNS:Net, agreed upon today, to the UK s 3i Infrastructure plc. This included the disposal of non-controlling interests held by DBAG Expansion Capital Fund (DBAG ECF), comprising the interest in DNS:Net held by DBAG. Company founder Alexander Lucke, who has held a majority stake to date, will retain 40 per cent of DNS:Net s capital going forward. 3i Infrastructure plc invests across mid-market economic infrastructure in developed markets, with a focus on the UK and Europe. The parties have ag ....

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