Telecommunications Acquisitions in Colorado

Geoforce, a Plano, Texas-based provider of rugged asset intelligence solutions, has acquired AssetLink Global, a specialist in satellite-enabled remote monitoring and sensor-integration for defense, maritime, rail and other field-centric industries. AssetLink Global will continue to be led by CEO David Goldstein and will operate within the Geoforce organization, strengthening Geoforce's satellite communications, edge intelligence and defense-grade monitoring capabilities.

IonQ has completed its acquisition of Skyloom Global Corp., a U.S.-based developer of lightwave-optics and free-space optical communications terminals. The deal brings Skyloom's photonic systems and secure, high-bandwidth communications capabilities into IonQ's portfolio to accelerate the company's quantum networking, quantum key distribution, and secure communications roadmap for government, aerospace, defense and commercial customers.

Affiliated investment funds of DigitalBridge Group and Crestview Partners completed a take-private acquisition of WideOpenWest, Inc. (WOW!) for an enterprise value of approximately $1.5 billion. WOW! shareholders received $5.20 per share; the buyers said they plan to invest in expanded fiber deployments, network modernization and customer experience improvements.

The management team of Mersive Technologies completed an investment to acquire a controlling interest in the company, taking ownership from private equity sponsor OpenGate Capital. Mersive will continue to operate independently under CEO Damian Blazy as management assumes control to pursue growth of its wireless collaboration and AV distribution solutions.

CCI Systems Inc., a 100% employee-owned telecommunications services provider headquartered in Iron Mountain, Michigan, has acquired Total Site Services, a provider of tower site acquisition, engineering design, and construction management services. The acquisition expands CCI Systems' wireless-industry capabilities and accelerates its market growth by adding Total Site Services' engineering and site-acquisition expertise.

CoreSite, an American Tower company, has acquired the Denver Gas and Electric Building and its related operating businesses in downtown Denver, adding roughly 3 critical megawatts and nearly doubling the footprint of its DE1 campus. The acquisition brings about 100 interconnection-rich customers to CoreSite, strengthens its Any2Denver peering exchange, and simplifies access to Google Cloud Platform onramps to support growing cloud, enterprise and network demand in the Rocky Mountain region.

Visionary Broadband has acquired Mountain Broadband to expand high-speed internet service across rural southwestern Colorado. Visionary will retain the Mountain Broadband team, roll out Gigabit fiber in the acquired footprint, and continue expanding into surrounding areas to improve connectivity for underserved communities.

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.

Dallas-based 46 Labs LLC acquired wholesale voice carrier Impact Telecom from Lingo to expand its global carrier network and modernize legacy connectivity infrastructure. The purchase—46 Labs' second carrier network acquisition in three months—adds Impact Telecom's international network and over 300 carrier connections to bolster 46 Labs' global offering.

UPSTACK has acquired Performance Networks, a Denver-area telecommunications consulting firm, with terms not disclosed. Performance Networks' founder Shawn Nus will join UPSTACK as a partner as the team is integrated into UPSTACK's digital infrastructure platform to expand advisory and telecom sourcing capabilities.

Visionary Broadband, a regional broadband provider based in Gillette, Wyoming, has acquired Aristata Communications, a Colorado-based rural internet provider serving several mountain counties. The deal will provide Aristata with capital to upgrade aging infrastructure and expand fiber and tower upgrades while Visionary retains the Aristata brand and keeps existing employees.

EchoStar completed its acquisition of DISH Network on December 31, 2023, merging a wholly owned EchoStar subsidiary into DISH with DISH surviving as an EchoStar wholly owned subsidiary. The deal combines DISH’s satellite TV, streaming services and nationwide 5G network with EchoStar’s satellite communications and JUPITER satellite capacity to create an integrated provider of terrestrial and non‑terrestrial connectivity based in Englewood, Colorado.

GI Partners has completed the acquisition of Rise Broadband, a leading fixed wireless and fiber-to-the-home broadband provider serving primarily rural communities across 16 states. GI Partners is committing new capital to accelerate Rise Broadband's rollout of fiber-to-the-home services and improve customer experience under the existing Rise management team.

Wireless industry executive Melissa Acosta has acquired a majority stake in Front Range Wireless and will lead the company as President, transitioning the business to a Woman-Owned Business Enterprise (WBE) in 2023. Founder Aaron Kingstrom remains co-owner and board member; Front Range Wireless provides cell site construction, tower installations and other telecommunications infrastructure services from offices in Centennial and Colorado Springs, Colorado.

Dura-Line, the Connectivity Solutions business of Orbia, has acquired Denver-based Biarri Networks, a provider of fiber-optic network design software and engineering services. The acquisition adds Biarri's data-driven engineering and software capabilities to Dura-Line's infrastructure offerings to deliver more complete end-to-end network design and deployment solutions for telecommunications, transportation and electrical markets.

Crestview Partners has made a significant growth investment in Digicomm International, a Colorado-based value-added broadband distributor. Founder Rob Donziger remains a major investor and will continue as CEO; Crestview will support Digicomm's growth through organic investments and M&A to expand product and service offerings.

UK-based outsourced communications provider Moneypenny has acquired Alphapage, a Denver-based bilingual call management company, to strengthen and extend its US presence. Moneypenny, which is PE-backed by ECI Partners, said the deal follows its 2020 VoiceNation acquisition and will further grow its US revenue contribution as part of a wider international expansion strategy.

Valmont Industries has acquired a majority interest in ConcealFab, a Colorado Springs–based provider of 5G concealment and passive intermodulation (PIM) mitigation solutions, with Ericsson reinvesting and retaining a minority stake. The deal, advised for ConcealFab by Capstone Partners, is intended to accelerate expansion of Valmont's telecom infrastructure offerings and leverage Valmont's global manufacturing footprint to scale ConcealFab's business.

American Tower Corporation has acquired CoreSite Realty Corporation in an all-cash transaction valued at approximately $10.1 billion including assumed debt, paying $170.00 per share. The deal brings CoreSite's 25 highly interconnected U.S. data centers into American Tower's communications real estate platform to accelerate the combined company's edge-computing, interconnection and 5G-related capabilities.

thinQ, a Raleigh-based cloud communications platform (CPaaS), has acquired Denver-based messaging API provider teli and rebranded the combined business as Commio. The deal expands thinQ's messaging capabilities (short/long code, toll-free SMS/MMS) and integrates teli's Messaging APIs with thinQ's Voice APIs to offer a unified CPaaS for SaaS platforms and enterprises.

Full Circle Fiber Partners, an affiliate of Mill Point Capital, has acquired MTC Engineering (which will operate as MTC Consulting LLC). The add-on expands Full Circle's fiber engineering and construction services capabilities and broadens the platform's geographic reach.

Crestone Services Group has acquired Rilo Electric & Communications Construction, LLC (d/b/a RECC Wireless). RECC Wireless will operate as a division of Crestone's A to Z Field Services and be led by founder Kevin Glynn, expanding Crestone’s turnkey tower construction and wireless maintenance capabilities to support 5G infrastructure. Crestone is a joint investment between Diamond State Ventures, Banyan Investment Partners, Asydan Capital Management and Post Road Group.