October 14, 2005
Warburg Pincus acquires Dutch cable operator NV Multikabel from German cable group PrimaCom AG.
Attorneys from Willkie’s New York and Frankfurt offices recently assisted Warburg Pincus in its approximately $620 million (enterprise value) acquisition of Dutch cable operator NV Multikabel from German cable group PrimaCom AG. Alkmaar-based Multikabel is the fourth-largest cable operator in the Netherlands, with about 315,000 subscribers to its standard cable TV package. In recent years, Warburg has invested $4.5 billion in more than 100 telecommunications and media entities, many of them in Europe. The deal, which was announced on October 6, was handled by Steven Gartner, Mark Cognetti and Sonya Crosswell of the firm’s New York office, and Markus Wenserski and Julian Lemor of the Frankfurt office.