Taylor Wessing has advised Inflexion Private Equity Partners on the secondary buyout of Cablecom Network Holdings, a provider of managed internet and digital media services to high-density, principally student, accommodation throughout the UK.
Cablecom designs, installs and manages the networks required to deliver broadband connectivity and digital media services to student accommodation, social housing and key worker accommodation under long-term contracts.
The main market within which Cablecom operates, digital services to student accommodation, is expected to double the number of student rooms available between 2012 and 2017. This is being driven by growth in student numbers, competition between universities due to fee levels and a higher standard of accommodation being expected by students.
James Goold led the corporate team, along with associates Brian McCloskey and Alexandra Richardson. Specialist input was provided by Anna Humphrey and James Stewart (tax), Graham Hann (IT and IP) and Simon Gorham and Amy Sinclair (employment).