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£100m equity investment for Zzoomm

Silverpeak advised Zzoomm on its funding strategy and managed the process from start to finish

Who are they

Zzoomm built a full-fibre network in Henley-on-Thames. Following this process, the company planned to expand into other market towns that need higher internet speeds.

The company was founded by Matthew Hare, the industry veteran behind rural-broadband business Gigaclear. Richard Sinclair, formerly of Virgin Media and TalkTalk, joined the team as Chief Operating Officer.

Using Oaktree’s investment, Zzoomm planned to lay more than one million fibre-optic cables within five years.

What was our involvement

Zzoomm appointed Silverpeak as advisor due to our growth-fundraising expertise and connections with global investors. On behalf of the company, we approached infrastructure investors interested in telecoms and tech infrastructure. The deal team advised the company on the funding strategy and managed the process from start to finish.

Silverpeak Managing Partner Pietro Strada added: “It has been a pleasure working with Matthew and the Zzoomm team. We are proud to have helped them bring in the right partner for the next phase of their journey.”

Silverpeak has been by our side throughout and provided valuable support. They created a lot of interest from investors, helped us choose the right financial partner and negotiated the deal. The Board really trusted their advice.
Matthew Hare  | Chief Executive, Zzoomm