Goldman Sachs Alternatives to Acquire Melita Ltd, a Leading Digital Infrastructure Operator in Malta
The Infrastructure business at Goldman Sachs Alternatives has signed an agreement to acquire Melita Ltd from EQT.
Founded in 1992, Melita is a leading, fully converged digital infrastructure owner and operator delivering broadband and mobile connectivity and data center solutions to households and businesses across Malta. The Company owns a gigabit speed fixed line network passing 99% of Maltese premises, a tower infrastructure portfolio supporting nationwide 5G coverage, and the largest Tier 3 data center in Malta, which together enable Melita to deliver a full suite of digital services to its customers.
Goldman Sachs Alternatives’ infrastructure franchise has a long history of partnering with businesses across its four key thematics of digital infrastructure, energy transition, transportation & logistics, and circular economy, to support their growth and operating excellence.
Harald Rösch, CEO of Melita, said “The Melita team is extremely pleased that Goldman Sachs Alternatives will support our growth going forward. Melita was the first operator in the European Union to deploy both a nationwide gigabit broadband network and a nationwide 5G network. Together with the Goldman Sachs team, we will bring this infrastructure to the next level of reliability and speed. Customer satisfaction is at the core of our business – we are proud that we have already achieved very high standards, but we are committed to reach even higher levels of excellence in the years to come.”
Robert Clark, Managing Director in Infrastructure at Goldman Sachs Alternatives, said “We are excited to partner with Harald and the Melita team in the next stage of their journey. They have done a fantastic job establishing themselves as a market leader with a high-quality network, large customer base and top-tier executive team with whom we will drive continued growth and success. Melita is a great example of the opportunities available in the digital infrastructure space and we are excited to make this investment to support Melita’s continued growth on behalf of our clients.”
The transaction is subject to the satisfaction of certain conditions including regulatory approvals.
RBC Capital Markets and Deutsche Bank served as financial advisors and Sidley Austin, Ropes & Gray, and Ganado served as legal counsel.
About Infrastructure at Goldman Sachs Alternatives
Goldman Sachs (NYSE: GS) is one of the leading investors in alternatives globally, with over $500 billion in assets and more than 30 years of experience. The business invests in the full spectrum of alternatives including private equity, growth equity, private credit, real estate, infrastructure, hedge funds and sustainability. Clients access these solutions through direct strategies, customized partnerships, and open-architecture programs.
The business is driven by a focus on partnership and shared success with its clients, seeking to deliver long-term investment performance drawing on its global network and deep expertise across industries and markets.
The alternative investments platform is part of Goldman Sachs Asset Management, which delivers investment and advisory services across public and private markets for the world’s leading institutions, financial advisors and individuals. Goldman Sachs has over $3 trillion in assets under supervision globally as of September 30, 2024.
Established in 2006, Infrastructure at Goldman Sachs Alternatives has consistently navigated the evolving infrastructure asset class, having invested approximately $16 billion in infrastructure assets across market cycles since its inception. The business partners with experienced operators and management teams across multiple sectors, including digital infrastructure, energy transition, transportation & logistics and circular economy.
Goldman Sachs Asset Management PR contact
Joseph Stein
+44-20-7774-2523