Vast Broadband Acquires NTS Communications
January 9, 2019
Vast Broadband has acquired NTS Communications from private equity owner Tower Three Partners, adding NTS's fiber network in Texas and Louisiana to Vast's footprint. Oak Hill Capital Partners and Pamlico Capital led a recapitalization of Vast to support accelerated growth and will provide financial backing following the transaction.
- Buyers
- Vast Broadband, Oak Hill Capital Partners, Pamlico Capital
- Targets
- NTS Communications
- Sellers
- Tower Three Partners
- Industry
- Telecommunications
- Location
- Texas, United States
- Transaction Type
- Buyout
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