MergerLinks Weekly Review

Welcome to MergerLinks Daily Review. Sign up here to get the full round up of your daily dose of blue-chip M&A news directly to your inbox.

T-Mobile and KKR completes the acquisition of Metronet from Oak Hill for $4.9bn.

Birch Hill and Brookfield to acquire First National Financial for $2.9bn.

Bridgepoint to acquire a majority stake in Hanseatic Broking Center from Preservation Capital.

You can access today’s complete newsletter here.

Scroll down for more…

T-Mobile and KKR completes the acquisition of Metronet from Oak Hill for $4.9bn.

T-Mobile, a mobile telecommunication company, and KKR, an investment firm, completed the acquisition of Metronet, a customer-focused company providing cutting-edge fiber optic telecommunication services, from Oak Hill Capital, a private equity firm, for $4.9bn, according to press releases.

Metronet was advised by Bank Street Group (led by Peter Beckett), TD Securities, Paul, Weiss, Rifkind, Wharton & Garrison LLP (led by Brian Lavin) and Polsinelli (led by Frank Koranda). KKR was advised by Barclays (led by Eric Federman), Goldman Sachs, MUFG, Mizuho, Morgan Stanley and Simpson Thacher & Bartlett LLP (led by Shamus Crosby). T-Mobile was advised by Citi (led by Jesse Davis), Cleary Gottlieb Steen & Hamilton LLP, DLA Piper, Davis Wright Tremaine LLP, Milbank LLP and Wachtell, Lipton, Rosen & Katz (led by Adam Emmerich). Oak Hill was advised by Lazard (led by Garrett Baker). Financial advisor was advised by Sullivan & Cromwell LLP (led by Melissa Sawyer and Lee Parnes), according to press releases and MergerLinks data.

Birch Hill and Brookfield to acquire First National Financial for $2.9bn.

Birch Hill Equity Partners, a mid-market private equity firm, and Brookfield, an investment management company, agreed to acquire First National Financial LP, a financial services company, for $2.9bn, according to press releases.

First National Financial was advised by BMO Capital Markets, RBC Capital Markets, Blake, Cassels & Graydon LLP and Torys LLP. Birch Hill was advised by CIBC Capital Markets and Davies Ward Phillips & Vineberg LLP. Debt financing was provided by CIBC Capital Markets, National Bank of Canada, RBC Capital Markets, Scotiabank and TD Securities, according to press releases.

Bridgepoint to acquire a majority stake in Hanseatic Broking Center from Preservation Capital.

Bridgepoint Group, a private investment company, agreed to acquire a majority stake in HBC GmbH, an independent SME+ insurance distribution platform in the DACH region, from Preservation Capital Partners, a private equity firm, according to press releases. Financial terms were not disclosed.

Hanseatic Broking Center is advised by L.E.K. Consulting, Macquarie Group, PwC and Sidley Austin LLP. Bridgepoint is advised by McKinsey & Company, EY, Nomura, Rothschild & Co, Kirkland & Ellis (led by Sebastian Pitz and Tobias Larisch) and OMMAX Digital, according to press releases.

Interested to find more? Sign up here to get full round up of your daily dose of blue-chip M&A news directly to your inbox.

You can access today’s complete newsletter here.