SDC Capital Partners Acquires 48% Stake in ALLO Communications

October 15, 2020

Funds managed by SDC Capital Partners have acquired a 48% interest in ALLO Communications, with Nelnet retaining a 45% stake and ALLO management holding 7%. The investment provides capital and new third‑party debt financing to support ALLO's expansion of its all‑fiber network across additional Midwestern communities.

Buyers
SDC Capital Partners
Targets
ALLO Communications
Sellers
Nelnet
Location
Nebraska, United States
Transaction Type
Growth capital

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