CVC and Jersey Telecom to Acquire Manx Telecom Group
Manx Telecom Group, an integrated digital-infrastructure platform on the Isle of Man, is set to be acquired by CVC DIF and Jersey Telecom from Basalt Infrastructure Partners.
The investment will be made through DIF Infrastructure VIII and is expected to close in the fourth quarter of 2025, subject to customary closing conditions.
About Manx Telecom Group
Founded in 1987, Manx provides a range of services including broadband, fixed line, mobile, and secure data services to residential, business, and public sector customers.
Investment Advisor
Basalt is an investment advisor to infrastructure equity investment funds, focusing on mid-market investments in utilities, power, transport, and digital infrastructure in North America and Europe.
No comment from the parties involved was provided.
Author summary: CVC and Jersey Telecom acquire Manx Telecom Group.
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