Substantial Group (Netomnia)

Transaction overview

Status: Announced

Exact closing date not established.

A DigitalBridge investment fund, alongside Advencap and Soho Square Capital, agreed to sell Substantial Group, the parent of Netomnia, to nexfibre for an enterprise value of £2 billion. The transaction remained subject to regulatory approvals and other closing conditions. DigitalBridge Investment Management is associated as the investment manager of the existing sponsor.

Selected source-supported transactions; coverage is incomplete. Announcements do not establish completion or that a deal is still pending. Sponsor activity and operating-business transactions are distinct from adviser acquisitions. Unclassified activity is excluded from adviser-only counts.