Telecommunications Acquisitions in Georgia

Truvista Fiber has acquired SlyTel, the municipal telecommunications provider based in Sylvester, Georgia. SlyTel will operate under the Truvista Fiber name, allowing customers access to Truvista’s fiber network and new residential and business services, including higher-speed tiers and video/voice products.

Pollock Company, a third-generation family-owned technology and office solutions provider based in Augusta, Georgia, has acquired ATG Communications, a local internet and voice service provider that has served the Augusta area for 36 years. The acquisition adds connectivity and voice infrastructure to Pollock's managed IT, cybersecurity, print and physical security offerings to deliver more integrated technology services to regional business customers.

Circet USA has acquired SourceOne, a U.S.-based outside-plant (OSP) engineering and utility consulting firm, to strengthen its telecom engineering capabilities and deliver more integrated end-to-end network infrastructure solutions. SourceOne will continue to operate under its existing name and leadership, and the deal enhances Circet USA's ability to support broadband expansion, utility modernization, and government projects nationwide.

FBR Solutions, a national telecommunications infrastructure services provider backed by FVLCRUM Funds, has acquired RTS Associates to broaden its telecommunications design, engineering, and turnkey deployment capabilities. The acquisition adds RTS’s more than 250 North American professionals and strengthens FBR’s ability to deliver end-to-end network solutions across the United States.

JSI, a portfolio company of Stone-Goff Partners, has acquired Inteserra, a telecommunications-focused compliance and advisory firm. The deal bolsters JSI’s regulatory compliance, transactional tax and advisory capabilities for broadband and telecom clients across the United States, with Inteserra founder Lance Steinhart remaining with the combined team.

CES Power LLC, a portfolio company of Allied Industrial Partners, acquired Echo Technologies Services, LLC to expand its connectivity and digital infrastructure capabilities for live events. Echo will be combined with CES Power’s Brickworks business to form a new division, CES Technologies, enabling integrated power, mapping and event connectivity services.

KGP Services, a Circet company, has acquired Further Enterprise Solutions (FES), a provider of RF engineering, optimization, installation, commissioning and staff augmentation services for the wireless communications industry. The acquisition — which adds FES's team of 300+ wireless services professionals — expands KGP/Circet's RF engineering and end-to-end wireless services capabilities for communications service and equipment providers.

Accelecom, a Louisville-based wholesale and business fiber provider, has acquired Georgia Public Web, a regional broadband operator with more than 20 years of experience operating carrier-grade fiber networks in the Southeastern United States. The transaction brings Georgia Public Web into Accelecom as Accelecom Georgia and expands Accelecom’s middle-mile and broadband footprint across Georgia and neighboring states to better serve enterprise, carrier and community customers.

Funds managed by H.R.L. Morrison & Co, together with Australian Retirement Trust and a managed client of UBS Asset Management, signed a definitive agreement to acquire FiberLight, a U.S. fiber infrastructure provider, from Thermo Companies. The consortium will support FiberLight's network expansion across major U.S. markets to meet rising demand for high-bandwidth connectivity; terms were not disclosed and the deal is subject to customary closing conditions.

Unitas Global, a Digital Alpha portfolio company, has acquired INAP’s Network Business assets (including INAP Japan) to expand its next-generation networking platform and enterprise customer base. The deal combines INAP’s network technologies (including MIRO) with Unitas’ Unitas Nexus and Unitas Reach platforms to enhance hybrid cloud connectivity and global network coverage.

GTCR LLC, Stephens Capital Partners and The Pritzker Organization (along with certain members of management) have formed a joint venture investment in Clearwave Fiber LLC alongside Cable One. The investors will make substantial cash investments to accelerate Fiber-to-the-Premise (FTTP) expansion across Clearwave's footprint and near-adjacent markets while Cable One retains majority ownership and receives no cash proceeds.

Seaport Capital, a New York-based private equity firm, has invested in Municipal Communications alongside the company's founder and CEO, Peter Corry. The minority growth investment continues Seaport's long-standing partnership with Municipal to support development, ownership and operation of cellular tower assets across the United States.

CBRE Caledon Capital Management has entered into a definitive agreement to acquire a majority equity interest in CitySwitch Tower Holdings, a build-to-suit wireless tower developer and operator, from funds managed by American Infrastructure Funds LLC and other shareholders. The investment (made on behalf of a CBRE Caledon fund and a separately managed account) will support CitySwitch's expansion of its tower portfolio and build-to-suit pipeline across the eastern United States.

NextEdge, a Bow River Capital-backed telecommunications services platform, acquired SBS Services Holdings, LLC (doing business as Tachyon) from MSouth Equity Partners and completed the acquisition of Spectrum Services, LLC. The combined transactions create a coast-to-coast turnkey wireless and wireline infrastructure services provider—bolstering NextEdge’s small cell, macro site and fiber construction capabilities and growing the combined workforce to 500+ to support 5G and fiber buildouts.

Sinch AB agreed to acquire Inteliquent, the largest independent U.S. voice communications provider, for $1.14 billion in cash to broaden its CPaaS offering and establish leadership in U.S. voice. The acquisition gives Sinch Inteliquent's carrier-grade network, extensive phone-number inventory and voice APIs; closing is subject to customary regulatory approvals including CFIUS and FCC and was expected in H2 2021.

Medicus IT, a healthcare-focused managed services provider based in Alpharetta, Georgia, has acquired Clear Choice Telephones, a unified communications and contact center solutions provider headquartered in Roswell, Georgia. The acquisition expands Medicus IT’s communications and contact-center capabilities to better serve healthcare and other business clients while maintaining continuity of the existing teams.

Congruex, a PE-backed telecom engineering and construction platform, has acquired Southeast Utilities of Georgia (SEU), a self-perform fiber and telecom construction contractor headquartered in Augusta, Georgia. The add-on expands Congruex's broadband construction footprint across Alabama, Florida, Georgia, South Carolina and Tennessee and is supported by Crestview Partners, Congruex's private equity sponsor.

South Reach Networks, backed by private equity firm Turning Rock Partners, acquired the Florida-based fiber and colocation assets of Resurgence Infrastructure Group. The deal includes over 120,000 fiber miles of available capacity, five neutral colocation facilities, key metro networks and direct connectivity to submarine cable landing stations, adding roughly 10 Tier 1 PoPs and more than 350 route miles to South Reach's footprint.

Moneypenny, the UK-based outsourced communications provider and an ECI Partners portfolio company, has acquired US-based VoiceNation and Ninja Number to strengthen its position in the United States. The acquisitions expand Moneypenny's US capabilities (adding a bilingual answering service and a virtual phone app) and will increase US revenue from roughly 10% to over 25% of group sales.

Hargray Communications, a regional telecommunications operator based in Hilton Head Island, South Carolina, has agreed to acquire Kings Bay Communications, Inc. (operating as Kingsland Cable), a locally owned internet and cable TV provider based in Kingsland, Georgia. Hargray said it will invest in the Kingsland network to deliver next-generation services (including 1 Gbps internet and Hargray TV), integrate billing and network systems, and continue serving both residential and business customers; the seller was Don Trednick and his family after 41 years of ownership.

American Tower Corporation has acquired Colo Atl, a carrier‑neutral colocation and interconnection provider based in downtown Atlanta. The acquisition expands American Tower's communications real estate capabilities in the Southeast by adding a strategically located data center hub that serves cloud providers and network operators.

Boston-based private equity firm M/C Partners has acquired Connectivity Wireless Solutions and its subsidiaries (including Simplifi DAS Holdings) and will consolidate the business with its portfolio company Neutral Connect Networks. The deal creates a larger neutral-host and in‑building wireless platform to accelerate growth in managed Wi‑Fi, CBRS/private LTE and 5G deployments; Stephen Bye will serve as CEO of the combined business and Connectivity founder Greg Jacobs will join the board.

Centerline Communications LLC, a PE-backed provider of wireless telecommunications infrastructure services, has acquired Notora, LLC, an Atlanta-based RF engineering firm that specializes in DAS and small cell design, testing and commissioning. Notora will operate as a wholly owned subsidiary under the Centerline platform, with its executive team remaining in place to expand Centerline's in‑building and small cell capabilities.

Trive Capital, a Dallas-based private equity firm, has acquired EarthLink, LLC from Windstream Holdings and also purchased the assets of nQue Technologies LLC. Trive says it will partner with the existing EarthLink and nQue management teams to invest in products and grow EarthLink's consumer and small-business connectivity, hosting, and privacy/security offerings.

An affiliate of Arcapita Inc. has acquired Cypress Communications Holding Co., Inc. in a transaction valued at $41.5 million, taking the company private. Cypress, a hosted PBX and managed IP communications provider headquartered in Atlanta, will be led by new CEO Robert D. Shingler and will receive debt-free, all-equity capital from Arcapita to accelerate growth and expand its services to small and mid-sized business customers.