M&A Deal Summary

Smartaira Acquires Direct Plus

On January 24, 2023, Smartaira acquired communications company Direct Plus

Acquisition Highlights
  • This is Smartaira’s 1st transaction in the Communications sector.
  • This is Smartaira’s 1st transaction in the United States.
  • This is Smartaira’s 1st transaction in Florida.

M&A Deal Summary
Date 2023-01-24
Target Direct Plus
Sector Communications
Buyer(s) Smartaira
Deal Type Add-on Acquisition

Target

Direct Plus

Coral Gables, Florida, United States
website
Direct Plus is an internet service provider (ISP) specializing in smarter internet and entertainment solutions for property owners and managers. Direct Plus was founded in 2005 and is based in Coral Gables, Florida.

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Buyer(S) 1

Buyer

Smartaira

Gardena, California, United States

website

Category Company
Founded 1972
Sector Communications
DESCRIPTION

Smartaira is a national, independent internet service provider specializing in smarter internet and entertainment solutions for property owners and managers. The company's bulk and retail broadband solutions focus on maximizing resident satisfaction and increasing property values. Its flagship managed service, Smartaira 360, provides seamless, community-wide internet connectivity with symmetrical, gigabit speeds, enterprise security, and unlimited data. Smartaira was founded in 1972 and is based in Gardena, California.

DEAL STATS #
Overall 1 of 1
Sector (Communications) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Florida) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1
Mergr

Product

Company

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