M&A Deal Summary

Birch Communications Acquires Lightyear Network Solutions

On October 7, 2013, Birch Communications acquired technology hardware company Lightyear Network Solutions

Acquisition Highlights
  • This is Birch Communications’ 2nd transaction in the Technology Hardware sector.
  • This is Birch Communications’ 4th transaction in the United States.
  • This is Birch Communications’ 1st transaction in Kentucky.

M&A Deal Summary

Date 2013-10-07
Target Lightyear Network Solutions
Sector Technology Hardware
Buyer(s) Birch Communications
Deal Type Add-on Acquisition

Target

Lightyear Network Solutions

Louisville, Kentucky, United States
website

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Buyer(S) 1

Buyer

Birch Communications

Macon, Georgia, United States

website


Category Company
Founded 1996
Sector Communications
DESCRIPTION

Birch Communications (Formerly Birch Telecom, Inc) competitive local exchange carrier serving the southern and central United States, deploying a next-generation network to provide broadband communication services to small and medium-sized businesses with over 450,000 access lines.


DEAL STATS #
Overall 4 of 8
Sector (Technology Hardware) 2 of 2
Type (Add-on Acquisition) 2 of 5
State (Kentucky) 1 of 1
Country (United States) 4 of 7
Year (2013) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-03-26 Covista Communications - Network Assets

Chattanooga, Tennessee, United States

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-21 Cbeyond

Atlanta, Georgia, United States

Cbeyond is a provider of broadband communications applications to small and medium size businesses. Cbeyond is establishing a new category of next-generation broadband service providers by providing a fully integrated suite of local and long distance voice communications, high-speed Internet access, and enhanced data applications services over a common Internet protocol (IP) architecture.

Buy $323M