Cinven has appointed Goldman Sachs and UBS to explore a potential €6bn sale of Ufinet Group, the carrier-neutral fibre infrastructure provider based in Madrid, according to sources cited by Bloomberg.

The process is expected to formally launch after the summer, though the private equity firm may still opt to retain the asset depending on market conditions.

Ufinet operates wholesale fibre networks across Spain and Latin America, supplying telecom operators with high-capacity transmission infrastructure in markets where digital demand continues to accelerate. The company has emerged as a critical player in the region’s telecom ecosystem, benefitting from long-term tailwinds in data consumption, 5G rollout, and network densification.

Cinven first invested in Ufinet in 2014 and has since scaled the business through a combination of organic growth and bolt-on acquisitions. A successful exit at the targeted valuation would represent a significant return for the firm and further validate its infrastructure strategy in high-growth digital assets.

The potential sale is expected to attract strong interest from infrastructure funds, sovereign wealth vehicles, pension capital, and strategic telecom operators seeking to expand their fibre footprint in the Iberian Peninsula and Latin America.

Source: Bloomberg

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