PennWell Corporation Acquires Broadband Technology Report

American Broadband Acquires Fiber Assets of BNT Broadband and WayneNet

September 29, 2021

Telecommunications

American Broadband Holding Company, a PE-backed rural broadband operator, acquired the fiber assets of BNT Broadband and WayneNet to expand its fiber-to-the-home build-out in Wayne, Nebraska. The transaction supports American Broadband's geographic expansion of its 1GB-capable fiber backbone and was announced alongside leadership appointments to support growth.

Belden Inc. Acquires Precision Optical Technologies, Inc.

April 30, 2024

Telecommunications

Belden Inc. has acquired Precision Optical Technologies, Inc. in a transaction announced at approximately $290 million in cash. The deal adds a portfolio of value‑added optical transceivers and fiber products to Belden's Enterprise Solutions segment to broaden its PON and fiber offerings for telcos, MSOs, data centers and enterprise customers; the acquisition was expected to close by end of Q2 2024 and has been completed.

EnergyHub Acquires Bridge to Renewables (BTR)

September 4, 2025

Energy

EnergyHub announced the acquisition of Bridge to Renewables (BTR) to accelerate utility managed-charging programs by integrating BTR's telematics-based EV solutions and OEM integrations into EnergyHub's cross-DER VPP platform. BTR brings integrations with 12 EV OEMs and connectivity to more than 500,000 vehicles, enabling faster OEM participation in utility programs and more engaging driver experiences via embeddable apps.

BridgeTower Media Acquires Virginia Business

August 1, 2024

Media & Entertainment

BridgeTower Media, a Transom Capital Group portfolio company, has acquired Virginia Business, the state’s only comprehensive business publication. The acquisition expands BridgeTower’s B2B media footprint and aims to accelerate Virginia Business’s growth by leveraging BridgeTower’s digital, marketing and events platform to better serve readers and advertisers across the Commonwealth.

Huron Capital-backed TriStruX Acquires Hess Broadband

October 4, 2022

Telecommunications

TriStruX, a Huron Capital-backed telecom infrastructure platform, has acquired Hess Broadband, a fiber optic splicing and specialty construction services provider based in Warwick, Pennsylvania. The deal is an add-on acquisition to expand TriStruX's fiber splicing and fiber network services capacity in the Northeast; Hess founders Fran and Dave Hess will remain in executive roles with a minority equity stake.

Triage Partners Acquires Benton Technical Services and J. Carlson Services

January 6, 2026

Telecommunications

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.