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Market Mergers and Acquisitions News

Market will soon see a new ATM investor

centrum-danych-atm

Since April this year, ATM has been conducting a review of potential strategic options related to the investment in the company. The most probable scenario is the purchase of ATM by an infrastructure fund.

ATM in search of a new investor

Since April this year, ATM has been conducting a review of potential strategic options related to the investment in the company (we’ve already written about it here). Among the options considered are the sale of all the company’s shares to a strategic or financial investor. In May this year, ATM announced that the majority shareholder of the company is interested in selling its shares and leaving the investment. At that time, MCI fund, an investment company founded by Tomasz Czechowicz, started official talks with potential investors for the largest data center operator in the country.

Who is applying for shares of the largest data center operator?

According to unofficial information, non-binding offers to buy ATM shares have already reached the hands of the seller, and the time to submit binding offers passes in October. It is also unofficially known that ATM stakeholders include mainly EQT Partners, the Cyfrowy Polsat Group and EdgeConnex, which in autumn 2018 announced the purchase of the Warsaw collocation center from Linxdatacenter Polska. The most likely, however, is the purchase of ATM by the infrastructure fund.

ATM sales growth in H1 2019 thanks to data center services

In H1 2019, ATM revenues grew by 6.1% to PLN 71.5m. The company’s EBITDA amounted to almost PLN 34.3m and was 64.4% higher than in the previous year. The share of revenues from data centers is approaching 50%. At the end of the H1 2019, it grew to 49% as compared to 45% in the previous year. Subscription revenues account for 97% of ATM sales revenues.

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