
Pepcom
Leading German network operator providing Internet connection, TV cable and telephone services.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
N/A | €0.0 | round | |
* | €608m Valuation: €608m | Acquisition | |
Total Funding | 000k |
EUR | 2017 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Company filings or news article
In 2001, the German telecommunications landscape saw the formation of Pepcom GmbH. The company was established with a clear playbook: consolidate the fragmented cable market by acquiring smaller, regional network operators. This strategy involved purchasing local providers such as Kabel & Medien Service in Munich and HL Komm in Leipzig, integrating their networks to expand Pepcom's footprint across Germany. By 2010, the company's success attracted outside investment, and it became a subsidiary of the British private equity firm Star Capital Partners Ltd. The company focused on providing cable television, high-speed internet, and telephone services. Its business model proved effective, and for a brief period, Pepcom rose to become the fourth-largest cable network operator in Germany, serving over 630,000 customers. This growth positioned the company as a significant player in a market undergoing rapid consolidation. A pivotal moment in Pepcom's journey arrived in September 2015. Tele Columbus, Germany's third-largest cable operator, announced it would acquire Pepcom for an enterprise value of €608 million. This acquisition was a strategic move by Tele Columbus to strengthen its market position against larger rivals. Following the acquisition, the Pepcom brand was integrated into Tele Columbus's newly created PŸUR brand in 2017. The final step of this integration occurred in late 2024 when Pepcom GmbH was officially dissolved and merged into the PYUR Sales & Service GmbH.