Searchlight Capital Partners and BCI to Acquire Consolidated Communications for $3.1 Billion

Searchlight Capital Partners and BCI Invest in Adams Outdoor Advertising

September 20, 2021

Media & Entertainment

Searchlight Capital Partners, in partnership with British Columbia Investment Management Corporation (BCI), signed a definitive agreement to make a strategic investment in Adams Outdoor Advertising. The capital will support Adams' expansion across local U.S. markets, development of new digital sites and technology-enabled advertising capabilities, and pursuit of strategic M&A.

Searchlight-Led Investor Group Acquires Frontier's Northwest Operations to Form Ziply Fiber

May 1, 2020

Telecommunications

A Searchlight Capital Partners-led investor group, together with WaveDivision Capital (WDC), PSP Investments, BCI and CPP Investments, completed the $1.352 billion acquisition of Frontier Communications' Northwest operations and assets and committed an additional $500 million for network and service improvements to form Ziply Fiber. The new company, headquartered in Kirkland, Washington, will focus on upgrading the region to predominantly all-fiber service for roughly 500,000 residential and business subscribers across Washington, Oregon, Idaho and Montana.

Business Communications, Inc. (BCI) Acquires Trustlink Technologies

May 2, 2025

Cybersecurity

Business Communications, Inc. (BCI) has acquired Trustlink Technologies, a Harrisburg, Pennsylvania-based cybersecurity services and Fortinet partner. The deal expands BCI's cybersecurity capabilities and East Coast footprint while adding Trustlink's network security engineering expertise and Fortinet specializations to BCI's platform.

Charter Communications to Combine with Cox Communications in $34.5B Deal

May 17, 2025

Telecommunications

Charter Communications and Cox Communications have entered into a definitive agreement to combine their businesses in a transaction valued at about $34.5 billion. Under the deal, Charter will buy Cox’s commercial fiber and managed IT/cloud businesses, while Cox Enterprises will contribute Cox Communications’ residential cable business to Charter Holdings, and the combined company is expected to be named Cox Communications after closing.

Rogers Communications to Acquire Shaw Communications for ~$26B

March 15, 2021

Telecommunications

Rogers Communications will acquire all issued and outstanding Class A and Class B shares of Shaw Communications in a transaction valued at approximately $26 billion (including about $6 billion of Shaw debt). The deal is structured as a court-approved plan of arrangement, with Rogers committing significant investment in 5G and connectivity in Western Canada.

Searchlight Capital Partners and Simple Broadband Invest in All Points Broadband

July 6, 2021

Telecommunications

Searchlight Capital Partners, together with Simple Broadband LLC, made a strategic growth investment in All Points Broadband to accelerate the Virginia- and mid‑Atlantic-focused ISP's fiber-to-the-home and fixed wireless expansion. The capital will support All Points Broadband's initiative to scale rural FTTH buildouts through partnerships with electric utilities and local communities to bridge the digital divide.