Tracked deals
112
112 tracked deals across 2024.
Telecommunications Acquisitions in 2024
Buyer mix
Mixed buyer set
90 strategic · 47 pe
Top trend
Volume peaked in 2022
153 tracked deals announced in 2022.
Buyer Snapshot
Top Buyers
Illustrative buyers pulled from tracked transactions on this page. This table is capped and intentionally non-exhaustive.
| Buyer | # Deals | Focus | Type |
|---|---|---|---|
| Novacap | 4 | North American private equity investor focused on middle-... | PE |
| EarthLink | 3 | Internet service provider delivering wired and wireless a... | Strategic |
| Mobile Communications America, Inc. (MCA) | 3 | Provider of wireless communication, data and security sol... | Strategic (PE-backed) |
| iQSTEL Inc. | 3 | Publicly listed multinational telecommunications and tech... | Strategic |
| EQT Infrastructure VI (EQT) | 2 | Global private equity and infrastructure investor (EQT), ... | PE |
| GI Partners | 2 | Private investment firm with strategies in private equity... | PE |
| Goldman Sachs Alternatives | 2 | Alternatives/private markets arm of Goldman Sachs focused... | PE |
| Graham Partners | 2 | Middle-market private equity firm focused on investments ... | PE |
| Grain Management, LLC | 2 | Global investment firm specializing in digital infrastruc... | PE |
| Macquarie Asset Management | 2 | Global asset manager with a large infrastructure and real... | PE |
Acquisition Volume in Telecommunications in 2024 by Year
Last 10 years
Actual
Full-year estimate
Supporting Data
Recent Transactions
-
December 31, 2024
- Buyer
- French State (represented by Agence des participations de l'Etat)
- Target
- Alcatel Submarine Networks (ASN)
- Seller
- Nokia Oyj
- Industry
- Telecommunications
- Location
- Île-de-France, France
- Type
- Divestiture
Nokia completed the sale of Alcatel Submarine Networks (ASN) to the French State (represented by the Agence des participations de l'Etat) on 31 December 2024, with Nokia retaining a 20% stake and board representation until a targeted exit. The divestment allows Nokia to focus its Network Infrastructure portfolio while positioning ASN under French State ownership to support its continued development as a strategic, vertically integrated submarine cable systems provider.
-
December 20, 2024
- Buyer
- BearCom
- Target
- Stone Security
- Industry
- Telecommunications
- Location
- Utah, United States
- Type
- Addon
BearCom has acquired Stone Security, a Salt Lake City–based provider of enterprise physical security products and services, adding more than 225 technical staff and a footprint across the U.S., Mexico and Brazil to BearCom’s security solutions portfolio. The deal, announced Dec. 20, 2024, expands BearCom’s video surveillance and access control capabilities and is the company’s second acquisition since Siris’ 2023 investment.
-
December 17, 2024
- Buyer
- Enghouse Holdings UK Limited, Enghouse Systems Limited
- Target
- Aculab PLC
- Industry
- Telecommunications
- Location
- Buckinghamshire, United Kingdom
- Type
- Buyout
Enghouse Holdings UK Limited, a wholly owned subsidiary of Enghouse Systems Limited (TSX: ENGH), has acquired Aculab PLC, a Milton Keynes–based provider of on‑premise and cloud communications and AI software solutions. The deal adds Aculab’s CPaaS, AI-driven answering‑machine detection, voice and face biometrics, and media processing/gateway products to Enghouse’s Interactive portfolio to expand capabilities and product offerings.
-
December 11, 2024
- Buyer
- Ezee Fiber
- Target
- Conterra Networks (New Mexico fiber assets)
- Seller
- Conterra Networks
- Industry
- Telecommunications
- Location
- North Carolina, United States
- Type
- Divestiture
Houston-based Ezee Fiber acquired Conterra Networks’ New Mexico fiber assets, adding 128 miles of installed fiber across Santa Fe, Rio Rancho and Los Lunas. Terms were not disclosed; Ezee Fiber said the deal will accelerate its FTTH deployment and broader New Mexico expansion as part of a multi-state growth plan.
-
December 11, 2024
- Buyer
- The Stephens Group, LLC, Circumference Group
- Target
- The Computer Works (TCW)
- Industry
- Telecommunications
- Location
- Arkansas, United States
- Type
- Growth capital
The Computer Works (TCW), an Arkansas-based fiber and fixed wireless internet provider, received a growth capital investment led by The Stephens Group, LLC alongside existing investor Circumference Group. The funding will accelerate TCW’s fiber expansion into underserved Arkansas communities, support preparation for BEAD funding opportunities, and scale its voice and hosting service offerings.
-
December 10, 2024
- Buyer
- Capestone (division of OptConnect), OptConnect
- Target
- Next Era
- Industry
- Telecommunications
- Location
- Nouvelle-Aquitaine, France
- Type
- Buyout
Capestone, a division of OptConnect, has acquired all activities of Next Era, a France-based distributor of 4G/5G and critical communications solutions. The acquisition brings more than 250 channel partners and customers across France, Southern Europe, DACH and the Middle East to Capestone and expands its managed IoT, eSIM and 5G capabilities across the EMEA region.
-
December 9, 2024
- Buyer
- Zadarma
- Target
- VoIPVoIP
- Seller
- Kosmaz Technologies LLC
- Industry
- Telecommunications
- Location
- California, United States
- Type
- Buyout
Zadarma, a European VoIP provider, has acquired 100% of VoIPVoIP (the consumer division of Kosmaz Technologies LLC) to expand its presence in the North American market. The deal gives VoIPVoIP customers access to Zadarma's cloud PBX, virtual numbers and analytics while providing Zadarma FCC-approved, USA-based operations and local reliability.
-
December 5, 2024
- Buyer
- CONX Corp., RED Tech US, LLC
- Target
- RED Technologies SAS
- Industry
- Telecommunications
- Location
- France
- Type
- Buyout
CONX Corp., through its subsidiary RED Tech US, LLC, acquired approximately 68% of Paris-based RED Technologies SAS for a maximum purchase price of about EUR 18.6 million in cash, with the remaining shares to be acquired upon achievement of milestones. The acquisition positions CONX to expand its spectrum-sharing and private network capabilities in the CBRS market and accelerate RED Technologies' product development and U.S./international growth.
-
December 2, 2024
- Buyer
- Ctrack Holdings, Convergence Partners
- Target
- Inseego global telematics business
- Seller
- Inseego Corp.
- Industry
- Telecommunications
- Location
- California, United States
- Type
- Divestiture
Inseego Corp. completed the sale of its global telematics business to Ctrack Holdings, a portfolio company of Convergence Partners, for $52 million in cash. The divestiture lets Inseego focus on its core 5G business and repay debt, while Ctrack expands its telematics capabilities and geographic footprint across the UK, EU, Australia and New Zealand.
-
November 26, 2024
- Buyer
- Teleperformance Group
- Target
- ZP Better Together
- Seller
- Kinderhook Industries
- Industry
- Telecommunications
- Location
- Texas, United States
- Type
- Buyout
Teleperformance Group has acquired ZP Better Together, a provider of video relay services and related communication solutions for deaf and hard of hearing communities. The transaction, for which Jefferies served as exclusive financial advisor to ZP, brings accessibility-focused interpreting and VRS capabilities into Teleperformance's global digital business services portfolio; Kinderhook Industries (ZP's sponsor) is the selling stakeholder referenced in coverage.
-
November 25, 2024
- Buyer
- Accenture
- Target
- Award Solutions
- Industry
- Telecommunications
- Location
- Texas, United States
- Type
- Buyout
Accenture has acquired Award Solutions, a Plano, Texas-based provider of training and consulting services in advanced wireless and network technologies, including 5G, IoT, cloud, AI and network virtualization. The Award Solutions team of 29 employees will join Accenture LearnVantage to expand the company's training content and capabilities for network leaders, operations engineers and IT professionals.
-
November 22, 2024
- Buyer
- Goldman Sachs Alternatives
- Target
- Melita
- Seller
- EQT Infrastructure IV (EQT)
- Industry
- Telecommunications
- Location
- Malta
- Type
- Buyout
Goldman Sachs Alternatives has agreed to acquire Melita, Malta’s leading digital infrastructure owner and operator, from EQT Infrastructure IV. Melita operates a nationwide fiber-powered fixed network, a nationwide 5G mobile network and the largest data center in Malta and has a growing IoT connectivity business; the transaction is subject to regulatory approvals.
-
November 21, 2024
- Buyer
- CCi Voice
- Target
- IP Genie
- Industry
- Telecommunications
- Location
- Connecticut, United States
- Type
- Buyout
CCi Voice, a Redding, Connecticut-based provider of cloud-based voice and unified communications solutions, has acquired IP Genie, a South Windsor phone service company serving municipalities, schools, libraries, nonprofits and businesses across Connecticut. The deal brings IP Genie’s president and seven team members into CCi Voice, adds VoIP/UC capabilities and a no-bid state contract for municipal purchases, and expands CCi Voice’s offerings to include video surveillance and access control.
-
November 20, 2024
- Buyer
- Omni Fiber, Oak Hill Capital
- Target
- Lit Fiber
- Industry
- Telecommunications
- Location
- Ohio, United States
- Type
- Addon
Omni Fiber and Lit Fiber have agreed to merge, consolidating Lit Fiber's Medina County, Ohio network into Omni Fiber to accelerate fiber-to-the-home expansion and speed market rollout. Both companies are majority-owned by Oak Hill Capital; existing Lit Fiber shareholders Stephens Capital Partners and The Pritzker Organization will remain minority investors and continue to support the business.
-
November 20, 2024
- Buyer
- Segra, Cox Communications
- Target
- Unite Private Networks
- Industry
- Telecommunications
- Location
- Missouri, United States
- Type
- Addon
Segra and Unite Private Networks (UPN) have completed a planned brand merger and will operate under the Segra name, creating a larger fiber-focused connectivity provider. The combined company expands Segra's network and commercial technology solutions across the U.S.; Segra is a standalone fiber company owned by Cox Communications.
-
November 20, 2024
- Buyer
- Searchlight Capital Partners, L.P. (affiliates), British Columbia Investment Management Corporation (BCI) (affiliates)
- Target
- Consolidated Communications Holdings, Inc.
- Industry
- Telecommunications
- Location
- Illinois, United States
- Type
- Buyout
Consolidated Communications Holdings is set to be acquired in an all-cash transaction valued at approximately $3.1 billion by affiliates of Searchlight Capital Partners and British Columbia Investment Management Corporation (BCI). The deal is expected to close in late 2024 or early 2025, subject to regulatory approvals and other customary closing conditions.
-
November 19, 2024
- Buyer
- Resolute CS
- Target
- iceblue
- Industry
- Telecommunications
- Location
- Wiltshire, United Kingdom
- Type
- Buyout
Resolute CS, a global connectivity technology company, has acquired iceblue, a UK-based managed internet services provider and owner of the GRID lifecycle automation platform. iceblue will operate as a wholly owned subsidiary with key leadership retained while Resolute CS invests to scale the GRID platform, expand go-to-market efforts, and simplify global connectivity procurement.
-
November 19, 2024
- Buyer
- Mobile Communications America, Inc. (MCA)
- Target
- Kay Radio & Electronics Services, Inc. (d/b/a Kay Radio)
- Industry
- Telecommunications
- Location
- Louisiana, United States
- Type
- Buyout
Mobile Communications America, Inc. (MCA) has acquired Kay Radio & Electronics Services, Inc. (d/b/a Kay Radio), an authorized Motorola dealer and communications solutions provider based in Alexandria, Louisiana. The acquisition expands MCA’s national footprint into central Louisiana and eastern Texas and brings Kay Radio’s service capabilities and customer relationships into MCA’s network of solution centers.
-
- Buyer
- Charter Communications, Inc.
- Target
- Liberty Broadband Corporation
- Industry
- Telecommunications
- Location
- United States
- Type
- Buyout
Charter Communications has entered into a definitive agreement to acquire Liberty Broadband in an all-stock transaction. Liberty Broadband will spin off its GCI business prior to the deal closing, and the transaction is currently expected to close June 30, 2027 (subject to closing conditions).
-
November 7, 2024
- Buyer
- Motive Companies
- Target
- GXC
- Industry
- Telecommunications
- Location
- Texas, United States
- Type
- Buyout
Motive Companies reached an agreement to acquire GXC, a provider of private cellular network solutions for enterprises. The deal is intended to strengthen Motive’s portfolio and help GXC expand its customer base while delivering advanced private 5G network services for industrial applications.
-
- Buyer
- Rise Broadband, GI Partners
- Target
- MidAtlantic Broadband (Yondoo Broadband Missouri business)
- Seller
- MidAtlantic Broadband
- Industry
- Telecommunications
- Location
- Missouri, United States
- Type
- Addon
Rise Broadband has acquired MidAtlantic Broadband's Missouri fiber-to-the-home broadband business operating under the Yondoo Broadband brand, adding almost 10,000 residential and commercial locations across eight eastern Missouri markets. The deal expands Rise Broadband's footprint into Missouri and is supported by its PE backer GI Partners, which noted the transaction furthers the company's geographic expansion and network growth.
-
November 4, 2024
- Buyer
- iQSTEL Inc.
- Target
- SwissLink Carrier AG
- Seller
- Mr. Koehler
- Industry
- Telecommunications
- Location
- Switzerland
- Type
- Buyout
iQSTEL Inc. signed an MOU to acquire the remaining 49% of SwissLink Carrier AG by swapping ownership in SwissLink for iQSTEL common shares over a five-year period (10% ownership per year). The transaction is intended to fully consolidate iQSTEL’s Swiss and broader European telecom footprint while driving projected operational savings of up to $2 million annually.
-
November 1, 2024
- Buyer
- InnoCaption
- Target
- CaptionMate
- Industry
- Telecommunications
- Location
- Tennessee, United States
- Type
- Buyout
InnoCaption has acquired CaptionMate, expanding its mobile call-captioning footprint and multilingual capabilities. CaptionMate will operate as a standalone service supported by InnoCaption's engineering and customer-service teams, with CaptionMate founder Beryl Bucher serving in a temporary advisory role.
-
October 30, 2024
- Buyer
- E.C.I. Networks
- Target
- NoviFlow
- Industry
- Telecommunications
- Location
- Quebec, Canada
- Type
- Buyout
E.C.I. Networks, a Canadian provider of open networking solutions, has acquired NoviFlow, a Montreal-based leader in SRv6, service chaining and programmable networking software. The deal bolsters E.C.I.'s portfolio with NoviFlow's high-performance programmable service networking and cybersecurity technology to accelerate innovation and expand capabilities for data center and carrier customers.
-
October 30, 2024
- Buyer
- e&
- Target
- PPF Telecom Group (service and infrastructure companies in Bulgaria, Hungary, Serbia and Slovakia), GlassHouse (Türkiye)
- Seller
- PPF Group
- Industry
- Telecommunications
- Location
- Netherlands
- Type
- Buyout
e& completed the acquisition of a controlling stake (50% plus one economic share) in PPF Telecom’s service and infrastructure companies across Bulgaria, Hungary, Serbia and Slovakia, expanding its telecom footprint into Central and Eastern Europe. Separately, e& (via e& enterprise) completed a 100% acquisition of Turkey-based GlassHouse, a managed cloud and SAP infrastructure services provider, to deepen its enterprise cloud and managed services capabilities.
-
October 16, 2024
- Buyer
- Main Street Capital Corporation, Unnamed co-investor
- Target
- Connect Telecommunications Solutions Inc.
- Seller
- Connect Telecommunications Solutions founders
- Industry
- Telecommunications
- Location
- Ontario, Canada
- Type
- Recapitalization
Main Street Capital Corporation provided $41.4 million in a debt and equity investment to support a minority recapitalization of Connect Telecommunications Solutions Inc., a Kitchener, Ontario-based value-added distributor of fiber management solutions. Main Street and an unnamed co-investor partnered with the company’s founders to complete the transaction, enabling liquidity and capital to support the business.
-
October 14, 2024
- Buyer
- Allstate Protection Plans
- Target
- Kingfisher
- Industry
- Telecommunications
- Location
- Singapore
- Type
- Buyout
Allstate Protection Plans, the device-protection division of Allstate Corporation, has acquired Kingfisher, a privately held company that optimizes the lifecycle of smart devices (repair, replace, trade-in, upgrade). The deal brings Kingfisher’s mobile circular-economy capabilities and team into Allstate’s device protection business to expand product offerings for mobile carriers, manufacturers, retailers and consumers.
-
October 14, 2024
- Buyer
- Vocus, Macquarie Asset Management, Aware Super
- Target
- TPG Telecom's Enterprise, Government and Wholesale (EG&W) fixed business and associated fibre assets
- Seller
- TPG Telecom
- Industry
- Telecommunications
- Location
- New South Wales, Australia
- Type
- Divestiture
Vocus, together with shareholders Macquarie Asset Management and Aware Super, agreed to acquire TPG Telecom's Enterprise, Government and Wholesale (EG&W) fixed business and associated fibre and submarine cable assets for A$5.25 billion. The deal creates a scaled digital infrastructure operator in Australia with expanded fibre and subsea assets and includes a long-term strategic partnership giving TPG ongoing access to Vocus' fibre network; completion is subject to regulatory approvals.
-
October 11, 2024
- Buyer
- Vecima Networks Inc. (via Vecima Technology B.V.)
- Target
- Falcon V Systems
- Industry
- Telecommunications
- Location
- Poland
- Type
- Buyout
Vecima Networks, through its subsidiary Vecima Technology B.V., has acquired all outstanding shares, technology, IP and talent of Poland-based Falcon V Systems. The acquisition integrates Falcon V's Principal Core and Test Suite into Vecima's Entra Cloud broadband access portfolio, expanding Vecima's R&D footprint in Europe and accelerating deployments with customers such as Charter Communications.
-
October 8, 2024
- Buyer
- Orbyt Global
- Target
- OTESAT-Maritel
- Seller
- OTE Group
- Industry
- Telecommunications
- Location
- Greece
- Type
- Buyout
Greek maritime satcom provider Orbyt Global has purchased OTE Group’s 94.09% stake in OTESAT-Maritel. Financial terms were not disclosed; the deal will combine OTESAT-Maritel’s s@tgate platform and expertise with Orbyt Global’s Nexus Shark III platform to expand and upgrade maritime satellite communications and digital services.
-
October 7, 2024
- Buyer
- Oscium
- Target
- MetaGeek
- Industry
- Telecommunications
- Location
- Idaho, United States
- Type
- Buyout
Oscium has acquired MetaGeek to combine MetaGeek’s Wi‑Fi analysis software (InSSIDer, Wi‑Spy, Chanalyzer) with Oscium’s wireless test hardware. The deal brings MetaGeek co‑founder Brian Tuttle back to lead software development and aims to deliver integrated hardware‑software wireless troubleshooting solutions.
-
October 2, 2024
- Buyer
- Alares, Grain Management
- Target
- Azza Telecom
- Industry
- Telecommunications
- Location
- São Paulo, Brazil
- Type
- Addon
Alares, a Grain Management‑backed telecommunications operator headquartered in São Paulo, has completed the acquisition of Azza Telecom, expanding Alares' presence across the state of São Paulo and adding Azza's ~132,000 subscribers and ~630 employees. The deal makes Alares one of the largest ISPs in Brazil and the fourth largest in the state of São Paulo; integration will focus on network, systems, stores and accelerating B2B offerings.
-
October 2, 2024
- Buyer
- Qatar Investment Authority (QIA)
- Target
- Qatar National Broadband Network (QNBN), Gulf Bridge International (GBI)
- Industry
- Telecommunications
- Location
- Qatar
- Type
- Buyout
Qatar Investment Authority (QIA) announced plans to combine the telecommunications businesses of Qatar National Broadband Network (QNBN) and Gulf Bridge International (GBI) to create a carrier‑neutral digital and AI infrastructure leader. The integration will join QNBN's nationwide passive fiber network with GBI's international submarine and terrestrial cables to boost Qatar's international connectivity, attract hyperscalers and support the country's digitalization strategy.
-
October 1, 2024
- Buyer
- EarthLink
- Target
- Nextera Communications
- Industry
- Telecommunications
- Location
- Minnesota, United States
- Type
- Buyout
EarthLink has acquired Nextera Communications, a Minnesota-based provider of fixed wireless, voice, and data solutions, to expand its business internet and fixed wireless footprint in the Midwest. The deal brings Nextera's employees, services, and customers into EarthLink Business and is effective immediately; financial terms were not disclosed.
-
Davenforth Acquires TeleCloud and Third Generation to Launch Managed IT, Voice & Networking PlatformSeptember 30, 2024
- Buyer
- Davenforth
- Target
- TeleCloud, Third Generation
- Industry
- Telecommunications
- Location
- United States
- Type
- Buyout
Davenforth, a joint family office, acquired TeleCloud (Frisco, TX) and Third Generation (Bridgeville, PA) to launch a Managed IT, Voice, and Networking platform. The two acquisitions create a combined platform that will service roughly 21,500 users across 900 businesses, with both companies retaining their existing leadership teams.
-
September 30, 2024
- Buyer
- Balmoral Funds LLC
- Target
- Xirgo Technologies
- Seller
- Sensata Technologies
- Industry
- Telecommunications
- Location
- Illinois, United States
- Type
- Divestiture
An affiliate of Balmoral Funds LLC acquired Sensata Technologies' Insights business unit and rebranded it as Xirgo Technologies, establishing the unit as an independent IoT and telematics company. Balmoral will invest in R&D and market expansion while appointing IoT veteran Chris Wolfe as CEO to drive growth in IoT and AI video markets; Xirgo supports over 900 channel partners and deploys more than 1.6 million devices per year.
-
September 25, 2024
- Buyer
- CIBL, Inc.
- Target
- Brick Skirt Holdings, Inc.
- Seller
- LICT Corporation
- Industry
- Telecommunications
- Location
- New York, United States
- Type
- Growth capital
CIBL, Inc. (OTC Pink: CIBY) closed on the acquisition of a 20% interest in Brick Skirt Holdings, Inc. from LICT Corporation in exchange for 750 common shares. Brick Skirt, through its subsidiaries, provides broadband and communications services to portions of western New York, and CIBL said its board continues to evaluate strategic alternatives to create shareholder value.
-
September 24, 2024
- Buyer
- Sound Growth Partners, Everside Capital Partners
- Target
- Sunny Communications, LLC
- Seller
- Dave Sungelo, Tracy Sungelo
- Industry
- Telecommunications
- Location
- Colorado, United States
- Type
- Recapitalization
Sound Growth Partners, with capital from Everside Capital Partners, completed a majority recapitalization of Sunny Communications, LLC, a Lakewood, Colorado-based provider of refurbished land mobile radio equipment, repair services, and rentals. The transaction provides liquidity to founders Dave and Tracy Sungelo while supporting Sunny's continued growth as a key supplier to first responders and municipalities.
-
September 16, 2024
- Buyer
- Mobile Communications America, Inc. (MCA)
- Target
- Illinois Cooperative Association, Inc. (d/b/a Clear Talk)
- Industry
- Telecommunications
- Location
- Illinois, United States
- Type
- Addon
Mobile Communications America, Inc. (MCA) has acquired Illinois Cooperative Association, Inc., which does business as Clear Talk, a Motorola-authorized two-way radio dealer headquartered in Decatur, Illinois. The acquisition expands MCA’s Midwest footprint and adds Clear Talk’s Motorola credentials, service capabilities and local customer base to MCA’s national network.
-
September 15, 2024
- Buyer
- M/C Partners, Author Capital Partners
- Target
- Everywhere Wireless, SilverIP Communications
- Industry
- Telecommunications
- Location
- Illinois, United States
- Type
- Buyout
M/C Partners, with participation from Author Capital Partners, led an investment to combine Chicago-based ISPs Everywhere Wireless and SilverIP under the new Zentro brand. The merged company becomes the largest MDU-focused ISP in the Midwest, serving more than 65,000 residential and business subscribers across Chicago and Milwaukee and positioning the business for further geographic expansion and roll-up activity.
-
September 5, 2024
- Buyer
- Verizon Communications Inc.
- Target
- Frontier Communications Parent, Inc.
- Industry
- Telecommunications
- Location
- Texas, United States
- Type
- Buyout
Verizon Communications has entered into a definitive agreement to acquire Frontier Communications Parent, Inc. in an all-cash transaction valued at approximately $20 billion ($38.50 per share). The deal is intended to expand Verizon’s fiber footprint and integrate Frontier’s fiber network into Verizon’s Fios platform, with an expected closing in about 18 months subject to approvals.
-
September 3, 2024
- Buyer
- Trasna Holdings
- Target
- Workz
- Industry
- Telecommunications
- Location
- United Arab Emirates
- Type
- Buyout
Trasna Holdings, an Ireland-headquartered IoT and semiconductor technology company, has acquired Workz, a Dubai-based pioneer in cloud-based eSIM and SIM solutions. The acquisition expands Trasna's end-to-end mobile IoT capabilities—adding eSIM management, OTA services and SIM manufacturing expertise—and positions the combined group to capitalise on growing demand for eSIM/iSIM-enabled devices.
-
September 1, 2024
- Buyer
- Network Innovations
- Target
- Infosat Communications
- Seller
- Telesat Corporation
- Industry
- Telecommunications
- Location
- Alberta, Canada
- Type
- Divestiture
Network Innovations has acquired Infosat Communications, a satellite services business formerly owned by Telesat Corporation, with the first closing of the sale occurring on September 1, 2024. The acquisition adds Infosat’s remote connectivity expertise (including maritime and enterprise services) to Network Innovations’ global technology integration capabilities and will be closed in phases pending regulatory approvals.
-
August 20, 2024
- Buyer
- C3 Complete
- Target
- TRACI.net
- Industry
- Telecommunications
- Location
- Florida, United States
- Type
- Buyout
C3 Complete, a Delray Beach-based provider of technology, telecom, and information security services, has acquired TRACI.net, a Deerfield Beach communications services provider and Hosted VoIP/ISP operator. The deal expands C3's voice, Hosted PBX and SD‑WAN capabilities, broadens its channel presence, and brings TRACI.net's employees and customers into C3's service ecosystem.
-
August 16, 2024
- Buyer
- ScanSource, Inc.
- Target
- Advantix Solutions Group
- Industry
- Telecommunications
- Location
- Texas, United States
- Type
- Buyout
ScanSource, Inc. has acquired Advantix (Advantix Solutions Group), a Texas-based reseller-focused managed connectivity and telecom lifecycle management provider, for an undisclosed sum. The deal supports ScanSource's launch of an Integrated Solutions and Services group to combine connectivity with hardware, software and services and help hardware VARs add recurring revenue and deeper end-user relationships.
-
August 16, 2024
- Buyer
- Koch Equity Development LLC
- Target
- iconectiv, LLC
- Seller
- Ericsson, affiliates of Francisco Partners
- Industry
- Telecommunications
- Location
- New Jersey, United States
- Type
- Buyout
Koch Equity Development LLC (KED), the investment and acquisition arm of Koch, Inc., has signed an agreement to acquire iconectiv, LLC from Ericsson and affiliates of Francisco Partners. iconectiv will become a wholly-owned independent subsidiary of KED and continue to be managed by its leadership team based in Bridgewater, New Jersey, with regulatory approvals required and a target closing in Q1 2025.
-
August 12, 2024
- Buyer
- Waterland Private Equity
- Target
- Lebara Group B.V.
- Seller
- Alchemy, Triton Partners
- Industry
- Telecommunications
- Location
- United Kingdom
- Type
- Buyout
Waterland Private Equity has agreed to acquire Lebara Group B.V., a leading European Mobile Virtual Network Operator serving over four million customers, in a buyout from existing owners Alchemy and Triton Partners. The acquisition positions Waterland to support Lebara's growth and expansion across its five core European markets, subject to regulatory approvals.
-
- Buyer
- EQT Infrastructure VI (EQT)
- Target
- Eutelsat Group Ground Station Infrastructure Business
- Seller
- Eutelsat Group
- Industry
- Telecommunications
- Location
- France
- Type
- Buyout
EQT Infrastructure VI has entered exclusive negotiations to acquire an 80% majority stake in Eutelsat Group’s Satellite Ground Station Infrastructure Business, in a transaction that values the carved-out entity at an enterprise value of EUR 790 million. Eutelsat will retain a 20% stake and remain an anchor tenant and partner; EQT intends to invest in antenna infrastructure and pursue M&A-driven growth to build a leading independent ground station operator headquartered in France.
-
August 6, 2024
- Buyer
- Macquarie Korea Infrastructure Fund (MKIF) / Macquarie Asset Management
- Target
- Hanam Data Centre (Hanam IDC)
- Industry
- Telecommunications
- Location
- Gyeonggi Province, South Korea
- Type
- Buyout
Macquarie Asset Management, via the listed Macquarie Korea Infrastructure Fund (MKIF), has agreed to acquire the Hanam Data Centre (Hanam IDC) in the Greater Seoul Area. The agreed sale price is KRW734 billion (≈US$530m), with a total transaction size of KRW918 billion (≈US$663m) including transaction costs and remaining MEP works; LG CNS has pre-leased the entire facility and committed to ~99% of the target IT load.
-
August 2, 2024
- Buyer
- Patton, LLC
- Target
- Artel Video Systems
- Industry
- Telecommunications
- Location
- Massachusetts, United States
- Type
- Buyout
Patton, LLC has acquired Artel Video Systems, a U.S. manufacturer of real-time multimedia delivery and IP-over-fiber video transport solutions. The purchase expands Patton's fiber- and IP-based audio/video transport portfolio, adds Artel's R&D, manufacturing and IP capabilities, and strengthens Patton's offerings to telecom, broadcast and defense customers.
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Telecommunications Acquisitions in North Carolina
Telecommunications Acquisitions in Arkansas
Telecommunications Acquisitions in California
Telecommunications Acquisitions in Texas
Telecommunications Acquisitions in Connecticut