Visionary Broadband Acquires Mountain Broadband

Visionary Broadband Acquires MTWeb

May 2, 2025

Telecommunications

Visionary Broadband has acquired Montana-based MTWeb to expand its footprint in Whitehall and nearby communities including Twin Bridges, Pipestone and Cardwell. The MTWeb owner Joel Andrews and two employees will join Visionary Broadband as the buyer rolls out expanded/faster internet services in the area; no financial terms were disclosed.

Visionary Broadband Acquires Aristata Communications

March 1, 2024

Telecommunications

Visionary Broadband, a regional broadband provider based in Gillette, Wyoming, has acquired Aristata Communications, a Colorado-based rural internet provider serving several mountain counties. The deal will provide Aristata with capital to upgrade aging infrastructure and expand fiber and tower upgrades while Visionary retains the Aristata brand and keeps existing employees.

GTCR Makes Strategic Investment in Visionary Broadband

June 6, 2022

Telecommunications

Funds affiliated with GTCR LLC have made a strategic growth investment in Visionary Broadband, a Gillette, Wyoming-based ISP. The capital will support Visionary’s continued buildout of fiber-to-the-premise networks across Wyoming, Colorado and Montana and help meet match requirements for upcoming state-led grant programs.

GI Partners Acquires Rise Broadband

January 2, 2023

Telecommunications

GI Partners has completed the acquisition of Rise Broadband, a leading fixed wireless and fiber-to-the-home broadband provider serving primarily rural communities across 16 states. GI Partners is committing new capital to accelerate Rise Broadband's rollout of fiber-to-the-home services and improve customer experience under the existing Rise management team.

GI Partners Acquires Vast Broadband

October 19, 2020

Telecommunications

GI Partners, in partnership with industry veteran Rich Fish, has signed an agreement to acquire Vast Broadband, a Sioux Falls-based provider of gigabit broadband, video and phone services. Vast, currently owned by Pamlico Capital and Oak Hill Capital and serving over 60,000 residential and business customers across South Dakota and Minnesota, will be led by Rich Fish as incoming CEO with GI Partners investing from its Data Infrastructure Fund; the transaction remains subject to customary closing conditions and regulatory approvals.

Boston Omaha Corporation Acquires Assets of Utah Broadband, LLC

December 17, 2020

Telecommunications

Boston Omaha Corporation, through its wholly owned subsidiary FIF Utah LLC, has agreed to acquire substantially all of the assets of Utah Broadband, LLC for $21.6 million in cash plus a 20% membership interest in FIF Utah issued to Utah Broadband's CEO Steve McGhie. The transaction (expected to close within ~30 days subject to customary conditions) will leave Mr. McGhie with a 20% ownership stake and gives Boston Omaha an 80% initial stake as it plans significant capital investment to expand fiber-to-the-home service across the region.