Vast Broadband Acquires NTS Communications

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.

NTI Connect Acquires VERTICOM

December 13, 2019

Telecommunications

Chicago-based NTI Connect LLC (PE-backed by ORIX Capital Partners) has acquired Vertical Communications Inc. (VERTICOM), a Dallas-based broadband network engineering and deployment company. The add-on expands NTI's wireless and fiber deployment capabilities and scales its operations across the South-Central United States.

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.

NexTech Solutions Acquires Virginia-Based Nomad Solutions

September 3, 2024

IT Services

NexTech Solutions (NTS) has acquired Nomad Solutions, a Virginia-based IT firm specializing in government data and communications services. The deal strengthens NTS's capabilities and establishes a brick-and-mortar presence in Virginia to expand support for federal civilian executive agencies outside the Department of Defense.

Oak Hill Capital Invests in NetSpeed LLC to Accelerate Northeast Fiber Deployment

January 21, 2021

Telecommunications

Oak Hill Capital has formed a partnership with NetSpeed LLC to provide capital and support to accelerate NetSpeed's expansion of fiber-to-the-premises networks across the Northeastern United States. NetSpeed's founder Frank Chiaino and management remain significant investors in the business while Oak Hill will contribute operational and financial expertise to scale deployments.

TowerBrook Capital Partners Acquires CBTS from altafiber

February 8, 2024

IT Services

TowerBrook Capital Partners has agreed to acquire CBTS, a Cincinnati-based provider of IT services and solutions, from parent company altafiber. The deal will provide CBTS with investment capital to accelerate growth, expand its service portfolio and market coverage, and allow altafiber to focus on its fiber network infrastructure business.