Cequel III to Acquire Benton Ridge Telephone Company and Broadband Subsidiaries

October 4, 2022

Benton Ridge Telephone Company (BRTC) and its broadband subsidiaries have had shareholders approve the acquisition by Cequel III, a St. Louis-based investment and management firm. The deal is pending regulatory approvals and is expected to close in the fourth quarter of 2022, supporting continued expansion of hybrid fiber and fixed wireless broadband through BRTC’s Watch Communications and Community Fiber Solutions subsidiaries.

Buyers
Cequel III
Targets
Benton Ridge Telephone Company, Watch Communications (W.A.T.C.H. TV Company dba Watch Communications), Community Fiber Solutions (CFS)
Sellers
Benton Ridge Telephone Company shareholders
Platforms
Cequel III (family office direct investment arm)
Location
Ohio, United States
Transaction Type
Buyout

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