EQT and Omers increase investment in Deutsche Glasfaser to nearly €5 billion to prevent lender seizure

Type: Investment · Technology: Telecom · Country: Germany · Value: $5.88B · Announced: 2026-04-22

Private capital firm EQT and Canadian pension fund Omers increased their investment in Deutsche Glasfaser, a German broadband provider, to nearly €5 billion ($5.88bn) to prevent lenders from seizing control of the heavily indebted business. The two investors, who acquired Deutsche Glasfaser in 2020 for €2.8bn ($3.29bn) from KKR, have already injected €4bn ($4.7bn) into the company and will contribute an additional €850m ($1bn) in preferred equity to secure €400m ($470m) of new super-senior debt. Deutsche Glasfaser, founded in 2011, aims to expand its fiber network to 3.2 million households in Germany by 2032, down from an original target of 6 million by 2030. The company has reached 2.6 million homes with its fiber network to date and faces gross debt exceeding €7bn ($8.24bn).

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