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Hill Dickinson advises Maestro Technologies on disposal of majority interest in Digital Infrastructure

Details

Hill Dickinson’s London Corporate team has advised longstanding client Maestro Technologies Ltd on the disposal of a majority interest in Digital Infrastructure Limited to Basalt Infrastructure Partners Fund.  

Digital Infrastructure is an experienced owner and operator of fibre networks in England. The company seeks to roll out and  provide fibre-to-the-premises (FTTP) connections to medium-sized market towns in the UK.

Maestro has retained a minority interest in Digital Infrastructure and will continue to provide management services to the Digital Infrastructure Group.

Following the acquisition of Full Fibre Limited in December 2020, Digital Infrastructure represents the second investment by Basalt as part of its UK fibre rollout strategy.

The Hill Dickinson team was led by corporate partner Shantanu Sinha, with support from legal director Sam Hudson, corporate associate Amy Grosvenor and corporate paralegal Amelia Chung

Frank Martinez and Carlos Bock, co-founders of Maestro, commented: “Maestro has seen significant evolution over the last two years. Its current projects aim at developing the UK’s fibre infrastructure to the next level and our partnership with Basalt at Digital Infrastucture will maximise our reach and ensure a strong impact on the national fibre rollout. 

“Having the team at Hill Dickinson by our side has been key to shape a solid relationship with our partner from the very beginning. Their advice and legal insight have proved invaluable, as always.”

Shantanu Sinha, commented: “We have worked with Frank and Carlos at Maestro since its inception and are delighted to have accompanied them on another successful transaction. Carlos and his team have a solid track record in the FTTP space and having Basalt as a partner is very positive for Digital Infrastructure and for Maestro. We wish all parties every success in the venture.”