- June 11, 2021
- Posted by: Stratford Team
- Category: Business
LONDON–(BUSINESS WIRE)–Specialist, ultrafast broadband provider Quickline Communications Limited (“Quickline”) and Northleaf Capital Partners (“Northleaf”), a Toronto-headquartered global private markets investment firm, today announced that funds managed by Northleaf completed the previously announced acquisition of a majority share in Yorkshire-based Quickline’s holding company, QCL Holdings Limited.
Quickline’s management team, as well as Bigblu Broadband (AIM: BBB.L) and Harwood Capital have retained minority stakes in the company.
The acquisition further underscores Quickline’s reputation as a frontrunner in complex, rural connectivity requirements. Quickline’s strategy includes a plan to invest more than £500m to provide ultrafast and gigabit-capable broadband connectivity in rural Northern England and beyond.
Quickline expects to provide ultrafast broadband accessibility to more than 500,000 rural premises in the…