Acquisition History / BUUK Infrastructure / FibreNest
BUUK Infrastructure Acquires FibreNest
Announced May 14, 2025 — $135M
What happened
FibreNest is Persimmon's full-fibre broadband service for new-build homes. Persimmon agreed to sell it to BUUK Infrastructure, where it will join BUUK's OFNL fibre network business, for a discounted total enterprise value of about £100M, with £70M paid at completion.
- Acquirer
- BUUK Infrastructure
- Target
- FibreNest
- Announced
- May 14, 2025
- Price
- $135M
- Industry
- Full-fibre broadband
- Buyer type
- Strategic acquirer
- Status
- Announced, not yet closed
By the numbers
Frequently Asked Questions About This Acquisition
When did BUUK Infrastructure acquire FibreNest?
BUUK Infrastructure acquired FibreNest on May 14, 2025. This was BUUK Infrastructure's 1st publicly tracked acquisition out of 1 we have on record.
How much did BUUK Infrastructure pay for FibreNest?
BUUK Infrastructure paid $135M for FibreNest.
What does FibreNest do?
FibreNest is Persimmon's full-fibre broadband service for new-build homes. Persimmon agreed to sell it to BUUK Infrastructure, where it will join BUUK's OFNL fibre network business, for a discounted total enterprise value of about £100M, with £70M paid at completion.
What other Full-fibre broadband companies has BUUK Infrastructure acquired?
FibreNest is BUUK Infrastructure's only publicly tracked acquisition in Full-fibre broadband so far.