18.10.2021  Walter Baden advises DGTek on acquisition of Internet business

Walter Baden advises DGTek on acquisition of Internet business

Walter Baden is pleased to have advised Australian telecommunications infrastructure carrier DGTek on its agreement to acquire the consumer residential Internet business of Spirit Technology Solutions Limited (ASX:STI) for $5.1M.

The Walter Baden team on the project included Steven Humphries, Kien Ng and Georgie French. This is our second project for DGTek in 2021, having earlier acted on the acquisition of FG Telecom’s high-speed Internet and enterprise solutions business .

Walter Baden advises DGtek on the acquisition of FG Telecom business

Walter Baden is pleased to have advised DGtek Pty Ltd, an Australian telecommunications infrastructure carrier, on its acquisition of the business assets of FG Telecom Pty Ltd. FG Telecom provides high-speed internet and related enterprise solutions to businesses in Melbourne. The acquisition expands DGtek’s network coverage across Melbourne by over 25%.

The Walter Baden team, led by Steven Humphries, conducted legal due diligence and advised on all aspects of the acquisition process.