Private Equity-Backed Telecommunications Acquisitions
-
February 27, 2026
- Buyer
- Searchlight Capital Partners, Abry Partners
- Target
- KORE Group
- Industry
- Telecommunications
- Location
- United States
- Type
- Buyout
KORE Group entered into a definitive agreement to be acquired in an all-cash transaction valued at approximately $726 million by private equity firms Searchlight Capital Partners and Abry Partners. Searchlight and Abry will acquire all outstanding shares of KORE common stock not already owned by them for $9.25 per share, and the company is expected to operate as a privately held business upon closing.
-
February 26, 2026
- Buyer
- Wireless Logic
- Target
- Comms365
- Industry
- Telecommunications
- Location
- United Kingdom
- Type
- Buyout
Wireless Logic has acquired Comms365, a UK-based IoT connectivity and managed-network specialist, to broaden its connectivity and IoT service capabilities and strengthen its footprint in the UK market. Comms365 will continue to operate as a standalone business with leadership changes including John Whitty becoming CEO and co-founder Mike van Bunnens stepping away after a handover.
-
- Buyer
- SecureVision LLC
- Target
- IPacket Networks, ENCO's bulk connectivity business
- Industry
- Telecommunications
- Location
- Alabama, United States
- Type
- Addon
SecureVision LLC, a Gulf Coast bulk broadband provider for multifamily dwellings, announced it acquired IPacket Networks and ENCO’s bulk connectivity business in separate transactions. The deals were integrated into SecureVision’s fiber-fed, MDU-focused connectivity platform to expand coverage in key Florida markets and bring the combined business to more than 30,000 served units.
-
February 18, 2026
- Buyer
- nexfibre, InfraVia, Liberty Global, Telefónica
- Target
- Netomnia, Substantial Group, YouFibre, Brsk
- Seller
- Advencap, DigitalBridge, Soho Square Capital
- Industry
- Telecommunications
- Location
- United Kingdom
- Type
- Buyout
InfraVia, Liberty Global and Telefónica, through their existing joint venture nexfibre, have agreed to acquire Substantial Group (Netomnia), the UK’s second-largest alternative fibre provider. The deal is expected to unlock £3.5 billion of investment in the UK and create a scaled wholesale fibre challenger to BT Openreach, with completion expected by Q3 2026 subject to regulatory approvals.
-
February 11, 2026
- Buyer
- Truespeed Communications, Freedom Fibre
- Target
- Truespeed Communications, Freedom Fibre
- Industry
- Telecommunications
- Location
- United Kingdom
- Type
- Buyout
Truespeed Communications and Freedom Fibre have signed an agreement to combine their businesses, creating a scaled, capital-efficient full-fibre platform aimed at leading UK altnet consolidation. The combined entity will serve 412,000 premises and 70,000 customers across the North West, West Midlands, South West and East of England, pairing Truespeed’s retail capability with Freedom Fibre’s open-access wholesale platform.
-
- Buyer
- Circumference Group
- Target
- Broadband Development Group (BDG)
- Industry
- Telecommunications
- Location
- Arkansas, United States
- Type
- Buyout
Circumference Group, an operationally focused investment firm, acquired a majority stake in Broadband Development Group (BDG), a Little Rock-based provider of fiber-based commercial broadband and managed Wi-Fi solutions for the multifamily (MDU) market. The investment is intended to support BDG’s continued expansion across high-growth markets in the Southeastern United States and Texas, accelerating growth of its wholesale business model.
-
February 2, 2026
- Buyer
- Transaction Network Services (TNS)
- Target
- BT Radianz
- Seller
- BT
- Industry
- Telecommunications
- Location
- United States
- Type
- Buyout
TNS completed its acquisition of BT’s Radianz business, combining two providers of financial markets connectivity services. The deal expands TNS’s Financial Markets offering by broadening access to trading venues, market data, applications, and counterparties, and Radianz will operate as part of TNS’s global Financial Markets platform.
-
January 26, 2026
- Buyer
- Netmore Group
- Target
- Actility
- Industry
- Telecommunications
- Location
- Île-de-France, France
- Type
- Buyout
Netmore Group has acquired Paris-based Actility, including its Abeeway subsidiary, combining Netmore's carrier-grade LoRaWAN network operations with Actility's ThingPark platform and geolocation products. The deal creates a unified global LoRaWAN ecosystem with over 14 million contracted IoT devices and expands Netmore's reach across utilities, buildings, smart cities, industrial and asset-tracking markets.
-
- Buyer
- Triage Partners, Broadtree Partners
- Target
- Benton Technical Services, J. Carlson Services
- Industry
- Telecommunications
- Location
- United States
- Type
- Addon
Broadtree Partners portfolio company Triage Partners has acquired Benton Technical Services and J. Carlson Services, two turnkey telecommunications services providers specializing in fiber/FTTH and OSP construction. The add-on acquisitions expand Triage's fiber buildout, installation, splicing, and repair capabilities and position the combined business to offer full turnkey solutions to telecom operators, electric cooperatives, and broadband providers across the United States.
-
- Buyer
- Phoenix Tower International
- Target
- Infracos
- Seller
- Bouygues Telecom, SFR
- Industry
- Telecommunications
- Location
- Hauts-de-Seine, France
- Type
- Buyout
Phoenix Tower International (PTI) has closed the acquisition of Infracos, the joint venture owned by Bouygues Telecom and SFR that manages approximately 3,700 wireless sites across France. The deal expands PTI's French footprint to nearly 10,000 sites and increases its global portfolio to more than 33,000 towers; Bouygues Telecom and SFR were the selling parties.
-
December 10, 2025
- Buyer
- Oak Hill Capital
- Target
- Hunter Communications
- Seller
- Grain Management
- Industry
- Telecommunications
- Location
- Oregon, United States
- Type
- Buyout
Oak Hill Capital has entered into a definitive agreement to acquire Hunter Communications, Oregon’s largest privately owned fiber-optic internet provider. The deal is intended to accelerate Hunter’s fiber-to-the-premises (FTTP) network expansion in Oregon and Northern California, with Grain Management exiting its stake. Financial terms were not disclosed and the transaction remains subject to customary closing conditions and regulatory approvals.
-
November 20, 2025
- Buyer
- Ara Partners
- Target
- Centric Fiber
- Industry
- Telecommunications
- Location
- Texas, United States
- Type
- Buyout
Ara Partners has acquired a majority-controlling stake in Centric Fiber to accelerate the company's fiber-to-the-home (FTTH) expansion across the southern United States. The private investment firm will deploy capital through its Ara Infrastructure platform to grow Centric Fiber's project pipeline and backlog; terms were not disclosed.
-
October 24, 2025
- Buyer
- CVC DIF, Jersey Telecom (JT), The States of Jersey (ownership of JT), DIF Infrastructure VIII (fund vehicle)
- Target
- Manx Telecom Group, Manx Telecom Group (Manx Telecom)
- Seller
- Basalt Infrastructure Partners LLP (funds managed)
- Industry
- Telecommunications
- Location
- Isle of Man
- Type
- Buyout
CVC DIF, the infrastructure strategy of CVC, together with Jersey Telecom (JT) will acquire Manx Telecom Group, the integrated incumbent digital-infrastructure telecom platform on the Isle of Man, from funds managed by Basalt Infrastructure Partners. The investment will be made through DIF Infrastructure VIII and is expected to close in Q4 2025, subject to customary closing conditions.
-
October 9, 2025
- Buyer
- TAK Broadband, Platinum Equity
- Target
- Gulbranson Services, Inc.
- Seller
- Bob DeLaHoussaye
- Industry
- Telecommunications
- Location
- California, United States
- Type
- Addon
TAK Broadband has acquired Gulbranson Services, Inc. (GSI), a Victorville, California-based telecommunications contractor that provides drop bury, maintenance and fiber-to-the-home construction services, from founder Bob DeLaHoussaye. The deal is an accretive tuck-in to TAK (which is PE-backed by Platinum Equity) to strengthen TAK's Southern California presence and expand its FTTH construction and maintenance capabilities.
-
October 6, 2025
- Buyer
- ECI Partners continuation fund (ECI-managed continuation vehicle), Carlyle AlpInvest, HarbourVest Partners, Pantheon
- Target
- CSL Group
- Seller
- ECI Partners
- Industry
- Telecommunications
- Location
- United Kingdom
- Type
- Divestiture
ECI Partners has exited CSL, the UK-based critical IoT connectivity specialist, into an ECI-managed continuation fund led by existing ECI investors Carlyle AlpInvest, HarbourVest Partners and Pantheon, generating a 3.5x return on ECI’s investment. CSL grew c.20% organically during ECI’s ownership, has launched products such as rSIM, and will continue its expansion strategy (including M&A) under the continuation vehicle.
-
September 29, 2025
- Buyer
- Northrim Horizon
- Target
- ACG Systems
- Industry
- Telecommunications
- Location
- Maryland, United States
- Type
- Buyout
Northrim Horizon, a Mesa, Arizona-based permanent capital investment firm, has acquired ACG Systems, a Maryland-based systems integrator and technical service provider for mission-critical wireless communication systems. Northrim named Thomas Montalbano as CEO and said ACG will serve as a platform for additional organic growth and acquisitions in the wireless communication services industry.
-
September 12, 2025
- Buyer
- Ezee Fiber
- Target
- Tachus Fiber Internet
- Seller
- Crosstimbers Capital Group
- Industry
- Telecommunications
- Location
- Texas, United States
- Type
- Buyout
Ezee Fiber, a Houston-based fiber internet provider wholly owned by I Squared Capital, closed its previously announced agreement to acquire Tachus Fiber Internet. The deal expands Ezee Fiber’s all-fiber footprint deeper into the northern communities of Greater Houston, with expectations to grow to more than 600,000 fiber passings by year-end.
-
September 3, 2025
- Buyer
- Becklar, Graham Partners
- Target
- Dynamark Monitoring
- Industry
- Telecommunications
- Location
- Maryland, United States
- Type
- Addon
Becklar, a Graham Partners portfolio company, has acquired Dynamark Monitoring, a wholesale alarm and critical event monitoring provider headquartered in Hagerstown, Maryland. The add-on expands Becklar's monitoring footprint and capabilities on the U.S. East Coast, bringing approximately 145,000 end subscribers and additional dealer relationships into Becklar's platform.
-
September 2, 2025
- Buyer
- Metronet
- Target
- US Internet
- Seller
- Everside Capital Partners, US Internet shareholders (including founders Travis Carter and Kurt Lange)
- Industry
- Telecommunications
- Location
- Minnesota, United States
- Type
- Buyout
Metronet has acquired US Internet (USI), a Minnetonka-based pure-play fiber provider whose network reaches more than 140,000 homes and businesses in the greater Minneapolis area. Terms were not disclosed; the deal follows Metronet’s recent acquisition by a T‑Mobile and KKR joint venture and results in an exit for investor Everside Capital Partners.
-
August 25, 2025
- Buyer
- Koch Equity Development LLC
- Target
- GCH Technologies Inc.
- Industry
- Telecommunications
- Location
- Delaware, United States
- Type
- Buyout
Koch Equity Development (KED), the principal investment and acquisition arm of Koch, has acquired GCH Technologies, a developer of advanced wireless messaging and telecommunications infrastructure solutions. GCH will become the strategic provider for Common Short Code Registry Services beginning January 1, 2026 and will work with CTIA to accelerate infrastructure upgrades and next-generation messaging capabilities such as RCS Rich Business Messaging.
-
- Buyer
- M/C Partners
- Target
- Zentro, BAI Connect
- Industry
- Telecommunications
- Location
- United States
- Type
- Addon
M/C Partners has combined regional multifamily ISPs Zentro and BAI Connect into a single company operating under the Zentro brand. The merged business creates a scaled, near-national MDU-focused ISP serving over 100,000 residents and 2,000+ properties, expanding geographic coverage and accelerating rollout of multi-gig and managed Wi‑Fi services.
-
August 5, 2025
- Buyer
- Wireless Logic
- Target
- Zipit Wireless
- Industry
- Telecommunications
- Location
- South Carolina, United States
- Type
- Buyout
Wireless Logic has completed the acquisition of Zipit Wireless, a South Carolina–headquartered provider of multi-carrier IoT connectivity and subscription billing solutions. The deal expands Wireless Logic’s North American presence and adds advanced subscription-billing and multi-tier connectivity capabilities to its global IoT offering.
-
July 22, 2025
- Buyer
- Onecom Group
- Target
- Gradwell Communications Ltd
- Industry
- Telecommunications
- Location
- Somerset, United Kingdom
- Type
- Addon
Onecom Group, the LDC‑backed UK business communications and cloud specialist, has acquired Gradwell Communications, a cloud communications provider with offices in Bath and Leeds. The acquisition expands Onecom's hosted voice, SIP and unified communications capabilities, adds geographic reach and an established customer base as part of Onecom's ongoing roll-up strategy.
-
July 19, 2025
- Buyer
- Blue Owl (Digital Infrastructure strategy fund)
- Target
- South Reach Networks (Intermetro Fiber)
- Seller
- Turning Rock Partners
- Industry
- Telecommunications
- Location
- Florida, United States
- Type
- Buyout
A fund managed by Blue Owl Capital's Digital Infrastructure strategy has acquired South Reach Networks (operating as Intermetro Fiber), a Florida-based fiber and colocation provider. Blue Owl plans significant investment to expand SRN's 370-mile fiber network and edge colocation footprint across Florida to meet growing hyperscale and enterprise connectivity demand; Turning Rock Partners sold the business.
-
July 10, 2025
- Buyer
- CVC (CVC Asia Fund VI), Peak XV, Antler Elevate
- Target
- Airalo
- Industry
- Telecommunications
- Location
- Delaware, United States
- Type
- Growth capital
Airalo, the world’s largest eSIM provider, raised $220 million in a growth round led by CVC (via CVC Asia Fund VI) with participation from Peak XV and Antler Elevate, valuing the company at over $1 billion. The capital will be used to scale Airalo’s consumer app, expand unlimited and enterprise data offerings, and accelerate its enterprise/white-label connectivity platform.
-
July 9, 2025
- Buyer
- FBR Solutions, FVLCRUM Funds
- Target
- RTS Associates
- Industry
- Telecommunications
- Location
- Georgia, United States
- Type
- Addon
FBR Solutions, a national telecommunications infrastructure services provider backed by FVLCRUM Funds, has acquired RTS Associates to broaden its telecommunications design, engineering, and turnkey deployment capabilities. The acquisition adds RTS’s more than 250 North American professionals and strengthens FBR’s ability to deliver end-to-end network solutions across the United States.
-
- Buyer
- HitecVision
- Target
- Altibox Carrier
- Seller
- Lyse
- Industry
- Telecommunications
- Location
- Norway
- Type
- Divestiture
HitecVision has acquired a 50% ownership stake in Altibox Carrier, a subsidiary carved out from Lyse, to create an independent Nordic platform for high-capacity fiber infrastructure serving data centers and cloud providers. The joint venture will remain headquartered in Stavanger and will focus on developing existing subsea and terrestrial routes, building new strategic routes, and pursuing acquisitions of smaller Nordic fiber operators to meet rising data-traffic demand.
-
July 8, 2025
- Buyer
- Oak Hill Capital, Pamlico Capital, TPG Peppertree
- Target
- IdeaTek Telcom, Socket Telecom
- Seller
- TPG Peppertree
- Industry
- Telecommunications
- Location
- United States
- Type
- Buyout
Oak Hill Capital and Pamlico Capital have made a strategic investment in IdeaTek Telcom and Socket Telecom, combining the two regional fiber internet providers to create a scaled Midwest fiber internet service provider. TPG Peppertree will sell its existing stake while reinvesting alongside the two firms; the combined company will expand fiber networks across Kansas and Missouri with a goal to pass over 500,000 homes in the Midwest by 2028.
-
- Buyer
- General Atlantic, Montagu
- Target
- Wireless Logic
- Industry
- Telecommunications
- Location
- England, United Kingdom
- Type
- Growth capital
General Atlantic (via its BeyondNetZero fund) has agreed to take a minority stake in Wireless Logic, with existing majority owner Montagu reinvesting alongside the new investor. The investment values Wireless Logic at £3.5 billion, is expected to close in Q3 2025, and will support global geographic expansion, platform enhancement and an active M&A strategy.
-
- Buyer
- Macquarie Asset Management (MAM-led consortium)
- Target
- TDC Group
- Seller
- PFA, PKA, ATP
- Industry
- Telecommunications
- Location
- Denmark
- Type
- Buyout
Macquarie Asset Management (MAM) has agreed to acquire an additional 50% stake in TDC Group from PFA, PKA and ATP, which will result in Macquarie managing 100% of the capital in TDC Group. The move secures full ownership to continue investments in Denmark’s digital infrastructure—completing fibre rollout, accelerating 5G coverage and furthering IT/cloud transformation and sustainability initiatives across TDC NET and Nuuday.
-
April 30, 2025
- Buyer
- NOVA Infrastructure, Orion Infrastructure Capital
- Target
- DartPoints
- Seller
- Astra Capital Management
- Industry
- Telecommunications
- Location
- Texas, United States
- Type
- Buyout
NOVA Infrastructure has completed a majority investment in DartPoints, providing a significant growth capital commitment to scale the company's data center platform and pursue capacity expansion and strategic M&A. Orion Infrastructure Capital joined as a lender and minority equity investor, while existing sponsor Astra Capital Management retains a meaningful minority stake; NOVA and OIC committed more than $250 million of capital and DartPoints acquired the underlying real estate for three of its facilities.
-
- Buyer
- Mereo Networks (rebranding to Mereo Fiber)
- Target
- DISH Fiber Internet L.L.C. (DISH Fiber)
- Seller
- DISH Network Corporation
- Industry
- Telecommunications
- Location
- United States
- Type
- Addon
Mereo Networks (rebranding to Mereo Fiber) acquired DISH Fiber Internet L.L.C. from DISH Network Corporation in a transaction that closed April 30, 2025. The deal—an add-on to the PE-backed Mereo platform—expands Mereo's bulk fiber footprint (adding ~25,000 residential units) and extends its geographic reach across key Sun Belt, Mountain West and Great Lakes markets.
-
April 17, 2025
- Buyer
- Call.com, Centennial AS
- Target
- Vyke Holding Limited
- Industry
- Telecommunications
- Location
- United Kingdom
- Type
- Buyout
Call.com has acquired London-based VoIP pioneer Vyke Holding Limited in a deal funded by over $7 million from Norwegian investment firm Centennial AS (owned by Endre Røsjø). The acquisition brings Vyke's decades of VoIP experience and virtual mobile-number capabilities to Call.com's platform, helping grow Call.com's user base to more than 500,000 (including over 250,000 paying customers).
-
April 16, 2025
- Buyer
- Lynx Equity Limited
- Target
- The MNM Group Inc.
- Industry
- Telecommunications
- Location
- Pennsylvania, United States
- Type
- Buyout
Lynx Equity Limited has acquired The MNM Group Inc., a Willow Grove, Pennsylvania-based provider of low-voltage cabling, wireless infrastructure, DAS and EV charging installation services and custom cable assemblies. The acquisition expands Lynx's portfolio into national telecommunications and electrical network services, leveraging MNM's design & build and manufacturing capabilities across the U.S. and Canada.
-
April 8, 2025
- Buyer
- Seaport Capital
- Target
- FMC GlobalSat
- Industry
- Telecommunications
- Location
- Florida, United States
- Type
- Growth capital
New York-based private equity firm Seaport Capital has made a growth equity investment in FMC GlobalSat, a Fort Lauderdale–headquartered Starlink Authorized Reseller and provider of satellite and wireless connectivity solutions. The capital will support FMC’s continued rapid growth, expansion and market consolidation (including strategic acquisitions such as the Maritime, Energy & Government division acquired from Anuvu).
-
April 8, 2025
- Buyer
- TXO
- Target
- AirWay Group
- Industry
- Telecommunications
- Location
- Kentucky, United States
- Type
- Addon
TXO, a PE-backed global technology lifecycle services platform, has acquired the AirWay Group to expand its North American presence and broaden lifecycle management, staging, logistics, and network engineering capabilities. AirWay — which operates an R2/ISO-certified facility in Hebron, Kentucky and serves more than 250 telecom and broadband customers worldwide — will operate under the AirWay name while integrating with TXO's global platform.
-
April 3, 2025
- Buyer
- fifteenfortyseven Critical Systems Realty (1547), Harrison Street
- Target
- DRFortress
- Seller
- GI Partners
- Industry
- Telecommunications
- Location
- Hawaii, United States
- Type
- Buyout
fifteenfortyseven Critical Systems Realty (1547) and Harrison Street have acquired DRFortress, Hawaii's largest carrier-neutral data center, from GI Partners. The deal brings DRFortress into 1547's connectivity-focused platform to expand interconnection, cloud access, and digital infrastructure reach across Hawaii and the broader Pacific region while keeping the existing leadership team in place.
-
April 2, 2025
- Buyer
- Wireless Logic
- Target
- Arqia
- Seller
- Datora Group
- Industry
- Telecommunications
- Location
- São Paulo, Brazil
- Type
- Buyout
Wireless Logic, a UK-based global IoT connectivity provider, has acquired Arqia, Brazil's largest independent authorised MVNO and former unit of the Datora Group. The deal extends Wireless Logic's reach across Brazil and Latin America, adding Arqia's commercial MVNO capabilities, more than three million managed connections and a team of over 200 employees to support enterprise IoT deployments in the region.
-
March 18, 2025
- Buyer
- JSI, Stone-Goff Partners
- Target
- LogicomUSA
- Industry
- Telecommunications
- Location
- Alabama, United States
- Type
- Addon
JSI, a portfolio company of Stone-Goff Partners, has acquired LogicomUSA, a provider of voice, network, hosted VoIP and 24/7 contact center services for broadband providers and electric cooperatives. The add-on expands JSI’s network engineering and managed services capabilities by integrating Logicom’s contact center platform and BYOA offering to deliver end-to-end solutions to broadband operators nationwide.
-
March 14, 2025
- Buyer
- Northleaf Capital Partners
- Target
- Shared Tower
- Industry
- Telecommunications
- Location
- Ontario, Canada
- Type
- Growth capital
Northleaf Capital Partners has committed an initial C$100 million to Shared Tower to accelerate the company's build-out of carrier‑neutral telecommunications infrastructure across Canada. Shared Tower, founded in 2021 and headquartered in Oakville, Ontario, will use the capital to scale its network and serve existing and new customers; Northleaf was advised by CIBC Capital Markets and Davies Ward Phillips & Vineberg.
-
March 12, 2025
- Buyer
- Industrial Networking Solutions (INS), CIVC Partners
- Target
- Source Inc.
- Industry
- Telecommunications
- Location
- Kansas, United States
- Type
- Addon
Industrial Networking Solutions (INS), a CIVC Partners–backed provider of critical wired and wireless networking solutions, has acquired Source Inc., a specialist in wireless networking, IoT and POTS replacement. The acquisition expands INS's wireless, 5G and managed IoT capabilities and leverages Source Inc.'s Network Operations Center and regional U.S. presence to improve fulfillment and service delivery.
-
March 11, 2025
- Buyer
- inherent group, Keensight Capital
- Target
- CONEXIO Telecom
- Industry
- Telecommunications
- Location
- France
- Type
- Addon
inherent group has acquired CONEXIO Telecom, an independent French provider of high‑speed connectivity and telephony (UCaaS) solutions. The deal — supported by Keensight Capital — strengthens inherent group's local B2B telecommunications footprint across France, expands its branch network and enables CONEXIO to broaden its offering with IT and cybersecurity services.
-
March 6, 2025
- Buyer
- Lightpath
- Target
- WANRack (Phoenix network assets and customers)
- Seller
- WANRack, CBRE Investment Management
- Industry
- Telecommunications
- Location
- Kansas, United States
- Type
- Divestiture
Lightpath has acquired WANRack’s network assets and customers in Phoenix, Arizona, adding 133 miles of fiber and bringing Lightpath’s Phoenix footprint to 363 miles. The deal expands Lightpath’s presence in the Phoenix market as it builds a 230-mile network; WANRack is majority‑owned by CBRE Investment Management and is headquartered in the Kansas City metro area.
-
February 28, 2025
- Buyer
- Phoenix Tower International
- Target
- Cellnex Telecom (Ireland business)
- Seller
- Cellnex Telecom
- Industry
- Telecommunications
- Location
- Ireland
- Type
- Divestiture
Phoenix Tower International (PTI) has completed the acquisition of 100% of Cellnex Telecom’s business in Ireland for approximately €971 million, acquiring roughly 1,900 wireless sites and becoming the largest tower owner in Ireland. The deal expands PTI’s European footprint and was completed with advisory support (Nomura and Arthur Cox) to PTI.
-
February 25, 2025
- Buyer
- GridSource, Inc., Hastings Equity Partners
- Target
- B. Robinson, Inc.
- Seller
- B. Robinson, Inc. (selling shareholders), Bernie Robinson
- Industry
- Telecommunications
- Location
- Texas, United States
- Type
- Addon
GridSource, a portfolio company of Hastings Equity Partners, has acquired B. Robinson, Inc., a Leander, Texas-based fiber optic construction and communications infrastructure contractor. The deal, which closed February 18, 2025, adds micro-trenching capability to GridSource's service offering and expands its coverage in Texas; the combined company will operate more than 1,000 employees across 39 locations.
-
February 11, 2025
- Buyer
- e& (Etisalat), PPF Telecom B.V., Telekom Srbija a.d. Beograd
- Target
- SBB doo Belgrade, NetTV Plus (NetTV Plus business and Western Balkans sports broadcasting rights)
- Seller
- United Group B.V., BC Partners
- Industry
- Telecommunications
- Location
- Serbia
- Type
- Divestiture
United Group (majority owned by BC Partners) has agreed to sell SBB doo Belgrade to e& (Etisalat) and PPF Telecom (together “e&/PPF”), and to sell its NetTV Plus business and sports broadcasting rights for the Western Balkans to Telekom Srbija. The combined transactions carry an enterprise value of €1.5 billion (implied EV/2024 EBITDAal of ~10x) and are subject to customary regulatory approvals, expected to close in H1 2025.
-
February 3, 2025
- Buyer
- Greenhall Capital Partners, FBR Solutions, FVLCRUM Funds
- Target
- Johnson Communications, LLC
- Industry
- Telecommunications
- Location
- Texas, United States
- Type
- Addon
Greenhall Capital Partners and FVLCRUM Funds, in partnership with platform operator FBR Solutions, have acquired Johnson Communications, a Texas-based telecom construction and fiber deployment services provider. The deal positions Johnson as an add-on to FBR Solutions to expand in‑house fiber deployment, installation and maintenance capabilities and to scale the combined platform nationally; terms were not disclosed.
-
January 23, 2025
- Buyer
- National OnDemand, Blue Point Capital Partners
- Target
- J. Tucker Construction, Inc.
- Seller
- Tucker family (Jason and Tammy Tucker)
- Industry
- Telecommunications
- Location
- Texas, United States
- Type
- Addon
Blue Point Capital Partners-backed National OnDemand has acquired J. Tucker Construction, a Greenville, Texas-based provider of underground utility and fiber construction services. The add-on strengthens National's last-mile and fiber construction capabilities and expands the platform's geographic footprint in the fast-growing Texas market.
-
January 14, 2025
- Buyer
- Palistar Capital LP, Symphony Towers Infrastructure (formerly Symphony Wireless)
- Target
- CTI Towers, Inc., Wireless Tower Portfolio (pool of assets managed by Symphony Wireless and CTI)
- Industry
- Telecommunications
- Location
- North Carolina, United States
- Type
- Addon
Palistar Capital combined the pool of wireless assets managed by its affiliate Symphony Wireless with its portfolio company CTI Towers, creating a new combined platform named Symphony Towers Infrastructure to operate approximately 3,000 tower, rooftop and non-traditional cell sites across the U.S. The move consolidates management and operations to drive scale, create operational efficiencies and support continued organic and inorganic growth of the wireless tower portfolio.
-
- Buyer
- Mobile Communications America, Inc.
- Target
- Supreme Radio Communications, Inc.
- Seller
- Supreme Radio Communications, Inc., Shari Tripp (owner / president)
- Industry
- Telecommunications
- Location
- Illinois, United States
- Type
- Addon
Mobile Communications America, Inc. (MCA) has acquired Supreme Radio Communications, Inc., a long-standing Motorola authorized service station headquartered in Peoria Heights, Illinois. The deal expands MCA's Midwest footprint and adds Supreme Radio's public safety and commercial two-way radio sales, service, and installation capabilities to MCA's national network.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.