Grain Management Acquires Majority Stake in Ritter Communications
August 12, 2019
Grain Management signed a definitive agreement to acquire a majority stake in Ritter Communications from E. Ritter and Company, with the Ritter family retaining board positions. The investment will support accelerated growth and fiber network expansion across Ritter's service area; the deal is subject to customary regulatory approvals and was expected to close in Q4 2019 (financial terms not disclosed).
- Buyers
- Grain Management, LLC
- Targets
- Ritter Communications
- Sellers
- E. Ritter and Company, Ritter family
- Industry
- Telecommunications
- Location
- Arkansas, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Grain Management Acquires Majority Stake in Hunter Communications
August 20, 2019
Telecommunications
Washington, D.C.-based private equity firm Grain Management has acquired a majority interest in Hunter Communications, a regional fiber-optic network operator serving southern Oregon and parts of northern California. The deal (terms undisclosed) will support Hunter's network densification and footprint expansion as the company prepares for growth under Grain's ownership.
-
Grain Management Acquires Spectrotel
January 19, 2023
Telecommunications
Grain Management, a private investment firm focused on broadband and communications infrastructure, has completed its acquisition of Spectrotel, a New Jersey-based integrated technology and managed services provider. Spectrotel's founder Jack Dayan will retain a minority stake and Ross Artale will become CEO; the deal expands Grain's activity in the managed services segment of the global broadband industry.
-
Grain Management Acquires Young's Communications (Y-COM)
August 19, 2021
Infrastructure
Grain Management, LLC has acquired Young's Communications, LLC (Y-COM), a Melbourne, Florida-based provider of telecommunications, utility, and power infrastructure construction and maintenance services. The transaction (announced August 2021) transfers ownership from Cotton Creek Capital to Grain, positioning Y-COM to scale its infrastructure services capabilities across Florida and the southeastern United States under Grain's broadband-focused platform.
-
Grain Management Acquires LightRiver Technologies & Software
April 4, 2022
Telecommunications
Grain Management, a private investment firm focused on broadband and communications, has acquired LightRiver's Technologies & Software entities from CVF Capital Partners and Plexus Capital. The deal expands Grain's presence in network services and software—LightRiver provides optical network integration, deployment services and the netFLEX network automation software—financial terms were not disclosed.
-
Grain Management Acquires Quintillion (QSH Parent Holdco LLC)
February 15, 2024
Telecommunications
Grain Management, a Washington, D.C.-based investment firm focused on digital infrastructure, has completed its acquisition of QSH Parent Holdco LLC (Quintillion), the leading provider of subsea and terrestrial fiber connectivity in Alaska and the North American Arctic. Quintillion operates a subsea and terrestrial high-speed fiber network and provides broadband connectivity, satellite ground station, and edge processing services to government and commercial telecommunications providers; the deal is intended to accelerate broadband expansion in Alaska and strengthen geostrategic connectivity for national defense.
-
Great Plains Communications Acquires USA Communications
October 1, 2021
Telecommunications
Great Plains Communications, a Grain Management-backed Midwestern telecom provider, has completed the acquisition of USA Communications, a fiber-focused service provider headquartered in Kearney, Nebraska. The deal expands Great Plains' regional fiber footprint and customer reach in Nebraska and Colorado; financial terms were not disclosed.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.