Linzor Capital Partners, along with minority partners Teras Capital Spain and CyC, sold 100% of Chile-based telecom company Mundo to DigitalBridge.
(Linzor Capital Partners) Linzor Capital Partners, together with minority partners Teras Capital Spain and CyC, transferred 100% of Mundo to DigitalBridge.
Mundo is a telecommunications company that specializes in delivering fiber-to-the-home (“FTTH”) broadband to households and companies in Chile, providing high-speed internet, pay TV and telephone services. Today, Mundo owns one of the largest FTTH networks in the country, reaching more than 3 million homes passed in Chile and serving more than 650 thousand clients. Linzor acquired Mundo in September 2019, and since then, carried out a strong growth plan that managed to triple its client base and network in only 2 years.
“We were able to grow really fast, taking advantage of the opportunities that exist in FTTH. We are proud of our contribution to help reduce the digital gap in the country, by bringing high-speed fiber optic internet at competitive prices to many underserved locations where there was no connectivity. Mundo is now in great hands with its new shareholder DigitalBridge and the management team that remains in the company”, said Matias Gutierrez, partner at Linzor Capital Partners.
In 2021, Linzor received the Social Responsibility Award from the Latin American private capital association, LAVCA, for its investment in Mundo, in recognition of the strong purpose and social impact contained in this investment.
Read more at Linzor Capital Partners.