Souter Investments
is one of the UK’s leading family investment offices specialising in private equity

Broadway Partners

Broadway Partners

Vintage: February 2018

Exit Date: October 2021

Sector: Telecoms

Location: Liverpool

Type: Growth Capital

Souter Role: Lead Investor

Souter Director: Yes

Status: Realised

Broadway Partners launched in 2016 to deliver affordable, high-speed broadband services to the more remote regions of the UK, particularly Wales and Scotland where there is a notable digital divide in countryside locations.

Having received growth capital funding from Souter Investments in 2018, Broadway has connected thousands of premises in communities across Arran, Inverness-shire, Ayrshire, Stirlingshire, Perth & Kinross, Monmouthshire and Pembrokeshire.

In October 2021, Souter Investments sold its controlling stake in Broadway Partners to Downing LLP. This was part of a £145 million funding round to support the company’s plan to deliver full fibre broadband to over 250,000 residents across rural communities across Wales and Scotland.




Related posts:

Souter Investments invests in Broadway Partners 

Souter Investments sells it stake in Broadway Partners