TPT Global Tech Acquires 75% of Bridge Internet

March 18, 2020

TPT Global Tech, Inc. acquired a 75% majority stake in Bridge Internet, LLC in exchange for 8 million shares of TPTW common stock. Bridge Internet founder and CEO Trip Camper retained a 25% interest and will remain as CEO; the acquisition expands TPT's rural wireless internet and joint-venture offerings across the United States.

Buyers
TPT Global Tech, Inc.
Targets
Bridge Internet, LLC
Sellers
Bridge Internet, LLC (existing shareholders; majority stake sold)
Location
Delaware, United States
Transaction Type
Buyout

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