EQT has announced the intention to combine EQT Infrastructure’s portfolio companies Broadnet Holding AS and GlobalConnect A/S, to create a leading Northern European fiber-based datacom provider and supplier of cloud enabling infrastructure. Last year, the two companies had combined revenues of approximately EUR 310 million and an EBITDA of EUR 110 million. GlobalConnect was acquired by EQT in February 2017, while Broadnet was acquired by the PE fund in May 2018.