Orbital Accelerates Expansion With Latest Acquisition
Deal News | Feb 03, 2025 | Mobeus Equity Partners
Mobeus Equity Partners has supported the acquisition of ClubWifi by Orbital Internet Group, a UK-based provider of high-speed internet. The acquisition emphasizes Orbital's commitment to growth through both organic development and strategic acquisitions in a consolidating market, particularly targeting rural areas and the leisure and tourism sectors. ClubWifi, known for its internet solutions in holiday parks and marinas, will complement Vfast Parks, Orbital's existing division tailored to the holiday park industry. With this acquisition, Orbital aims to enhance its scale and geographic presence, delivering innovative connectivity solutions across the nation. Mobeus aspires to continue supporting Orbital's expansion strategy, excitedly looking forward to more acquisitions in the future.
Sectors
- Internet Service Providers
- Tourism and Hospitality
Geography
- United Kingdom – All companies and activities mentioned in the article are based in and targeting services within the UK.
Industry
- Internet Service Providers – The acquisition involves companies within the internet connectivity sector, providing solutions to residential and commercial clients.
- Tourism and Hospitality – The inclusion of ClubWifi is strategic for expanding Orbital's services in holiday parks and marinas, key areas within the tourism and hospitality industry.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Orbital Internet Group | Target Company | Company | A UK-based provider of high-speed internet solutions, focused on rural areas and specific sectors like leisure and tourism. |
| ClubWifi | Acquired Company | Company | A specialist in internet connectivity for holiday parks and marinas, recently acquired by Orbital Internet Group. |
| Mobeus Equity Partners | Private Equity Firm | Company | The private equity firm backing Orbital Internet Group, facilitating its growth through strategic acquisitions. |
| Vfast Parks | Division within Orbital | Company | A division of Orbital Internet Group offering internet services tailored for the holiday park sector. |
| Guy Blackburn | Partner at Mobeus | Person | Mobeus Partner overseeing the acquisition of ClubWifi and supporting Orbital's expansion strategy. |