SHERE GROUP LIMITED

SHERE GROUP LIMITED

Owns communications towers and wireless sites in the United Kingdom and the Netherlands.

HQ location
London, United Kingdom
Launch date
Employees
Enterprise value
$432m
Company register number
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DateInvestorsAmountRound

€393m

Valuation: €393m

45.1x EV/Revenue

45.3x EV/EBITDA

Acquisition
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
GBP2016201720182019202020212022
Revenues0000000000000000000000000000
% growth(70 %)3618 %(97 %)(90 %)(85 %)99 %117208 %
EBITDA0000000000000000000000000000
% EBITDA margin100 %62 %(3 %)(538 %)48 %60 %39 %
Profit0000000000000000000000000000
% profit margin89 %62 %(4 %)(616 %)(44 %)(57 %)(22 %)
EV0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000

Source: Company filings or news article

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More about SHERE GROUP LIMITED
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Shere Group Limited, established in March 2003, operates as a significant owner and operator of public wireless communication sites and private towers across the United Kingdom and the Netherlands. The company was founded by Jonathan Shere, who currently serves as the Chief Executive Officer. His background includes qualifying as a chartered accountant with Coopers & Lybrand and holding the position of Finance Director at an international publishing company before venturing into the telecommunications infrastructure sector. Shere Group's business model is centered on acquiring and managing ground, rooftop, and other structure leases for wireless communication purposes.

The firm's primary activity involves providing essential infrastructure for major mobile network operators, forming the backbone of their public communication networks. Shere Group generates revenue by leasing space on its portfolio of towers and sites to these operators. This strategy involves actively purchasing new sites to expand its portfolio and securing the long-term rental streams associated with them. The company's portfolio is diversified, encompassing not only sites for major public networks but also private infrastructure for entities like the Ministry of Defence.

A key operational focus for Shere Group is the management and optimization of its site portfolio, which it has steadily grown over two decades. The company positions itself as a long-term partner for both the landowners from whom it leases and the mobile operators who are its ultimate clients. This approach ensures stable, recurring revenue streams while supporting the critical expansion and maintenance of national wireless communication networks in its operating regions. In 2018, the company's UK assets were acquired by Cellnex, a major European operator of wireless telecommunications infrastructure, marking a significant milestone in its operational history, although the Shere Group entity continues its operations.

Keywords: telecommunications infrastructure, wireless communication sites, tower leasing, site acquisition, mobile network operators, infrastructure management, asset management, ground leases, rooftop sites, private towers

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