Infracapital has acquired BBV, a Frankfurt-based company focused on deploying Fibre to the Building networks in Germany's underserved regions, aiming to enhance connectivity in a low-penetration market.

Information on the Target

BBV, headquartered in Frankfurt, was founded in 2014 with a mission to deploy Fibre to the Building (FttB) networks in underserved regions. To date, BBV has successfully established a network that serves over 33,000 premises in the federal states of Thuringia and Baden-Württemberg. Under the ownership of Infracapital, the company is set to continue expanding its infrastructure and leverage its significant growth pipeline.

Industry Overview in Germany

Germany currently ranks among the most underserved markets for fibre connectivity within Europe, with a Fibre to the Home (FTTH) penetration rate at a mere 10%. This figure starkly contrasts with the European average of 36%, highlighting a significant opportunity for growth and investment in the sector. The gap illustrates the urgent need for enhanced digital infrastructure to support both residential and business needs across the country.

The demand for high-speed internet is accelerating due to increasing reliance on digital solutions for work, education, and entertainment, further emphasizing the necessity for exp