Telecommunications Acquisitions in Iowa

ImOn Communications has completed its acquisition of Danville Telecom after receiving all regulatory approvals. The deal adds Danville's 100% fiber-optic network (including subsidiary iConnectYou) to ImOn's regional footprint, enabling faster rollout of next-generation services to Burlington, West Burlington, Fort Madison, Keokuk and surrounding communities in Southeast Iowa.

Eastern Communications Ltd., a New York–headquartered mission-critical communications provider, has acquired Marshalltown, Iowa–based RACOM Corporation, a provider of emergency communications services and technology. The combination creates a nationwide mission-critical communications platform with expanded service locations and capability to serve public safety, utilities and transportation customers coast to coast.

Boston-based private equity firm Fort Point Capital has invested in CellSite Solutions, a Cedar Rapids, Iowa-based provider of telecom infrastructure refurbishment, installation, and maintenance, as a new platform investment alongside the company's management team. The founders, Carter Kramer and Chris Wiese, will continue to lead the company as Fort Point supports growth initiatives with debt financing provided by Enterprise Bank & Trust and GMB Capital Partners and advisors including Kirkland & Ellis and Grant Thornton.

Bluebird Network acquired the ColoHub Data Center in Bettendorf, Iowa (effective December 31, 2020) from Geneseo Communications, expanding Bluebird’s Midwest data center footprint and complementing its underground facility in Springfield, Missouri. The deal strengthens Bluebird’s fiber and edge data center capabilities across Iowa and Illinois, providing additional low-latency and disaster recovery options for carriers and enterprise customers in the region.