EB Capital enlists Lazard to sell Alloha Fibra assets

12 May 2022

Alloha Fibra, the ISP holding company backed by Brazilian private equity firm EB Capital, has hired Lazard to orchestrate a sale of its fibre-optic assets. The group currently presides over a 110,000km fibre backbone and fibre-to-the-home (FTTH) infrastructure that passes around six million homes. According to various domestic press reports, the company expects the fibre assets to be repurposed as a neutral network by the new buyer.

TeleGeography notes that EB Capital, which is run by Eduardo Sirotsky Melzer, Fernando Iunes, Luciana Antonini Ribeiro and Pedro Parente, first entered the telecoms sector with the acquisition of Sumicity, which was agreed in December 2018 and concluded in April 2019. The group went on to acquire a number of additional broadband providers, including Mob Telecom, Vip Telecom, Wirelink, Univox, Click Telecom and Ligue Telecom.

Brazil, Alloha Fibra, EB Capital