Sandler Capital Completes $2 Billion Sale of Xplornet to Stonepeak Partners

June 10, 2020

Sandler Capital Completes $2 Billion Sale of Xplornet to Stonepeak Partners

Practices & Industries

Private Equity M&A
Mergers & Acquisitions
Tax
Private Equity

Private Equity M&A
Mergers & Acquisitions
Tax
Private Equity

Paul, Weiss advised Sandler Capital Management in the sale of its portfolio company Xplornet Communications Inc., a Canada-based broadband service provider, to Stonepeak Infrastructure Partners for an enterprise value of $2 billion.

The Paul, Weiss team included, among others, corporate partner Matthew Abbott and tax partner Scott Sontag.