Linzor Capital Partners, together with minority partners Teras Capital Spain and CyC, transferred 100% of Mundo to DigitalBridge.
Mundo is a telecommunications company that specializes in delivering fiber-to-the-home (“FTTH”) broadband to households and companies in Chile, providing high-speed internet, pay TV and telephone services. Today, Mundo owns one of the largest FTTH networks in the country, reaching more than 3 million homes passed in Chile and serving more than 650 thousand clients. Linzor acquired Mundo in September 2019, and since then, carried out a strong growth plan that managed to triple its client base and network in only 2 years.
“We were able to grow really fast, taking advantage of the opportunities that exist in FTTH. We are proud of our contribution to help reduce the digital gap in the country, by bringing high-speed fiber optic internet at competitive prices to many underserved locations where there was no connectivity. Mundo is now in great hands with its new shareholder DigitalBridge and the management team that remains in the company”, said Matias Gutierrez, partner at Linzor Capital Partners.
In 2021, Linzor received the Social Responsibility Award from the Latin American private capital association, LAVCA, for its investment in Mundo, in recognition of the strong purpose and social impact contained in this investment.
DigitalBridge has more than US$40 billion in assets under management and specializes in digital infrastructure investments. DigitalBridge has invested globally in a variety of sectors such as cellular towers, data centers, fiber, small cells, and edge infrastructure.
Linzor Capital Partners is a private equity firm founded in 2006, with presence in Chile, Colombia, Mexico, Peru and Uruguay. The fund has more than US$1.2 billion in capital commitments and investments in various sectors, including financial services, education, healthcare, retail and technology. Linzor invests in companies that have solid potential for growth and impact, creating value through strategic initiatives and operational improvements that contribute to a sustainable business expansion.