June 2009

Financial advisor to the shareholders of Fullrate in the sale to TDC

ATRIUM advised the shareholders of Fullrate in connection with the sale to TDC.

Fullrate is a Danish nationwide provider of affordable ADSL and SDSL broadband products with IP-telephony, as well as mobile broadband solutions to residential and business customers. Since its inception in November 2005, Fullrate has focused on providing the cheapest broadband solutions with the industry’s highest quality. By the end of February 2009, Fullrate’s customer base had surpassed 82,000 customers, representing a market share of approx. 4 %.

As the sole financial advisor to the owners of Fullrate, ATRIUM’s role included contact with potential buyers, preparation of process material and negotiations on behalf of the shareholders.

"ATRIUM has assisted us throughout the entire sales process and contributed to the value creation. Working with ATRIUM has absolutely been the best choice and not only have they advised us closely, but they also brought security and peace of mind to the stakeholders with their great experience, empathy and professionalism"

CEO and co-founder, Stig Myken

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Transaction type
Sale
Year
2009
Trade Value
Not disclosed
Process
Auction
Industry
Technology, Media and Telecom