M&A Deal Summary

FirstLight Fiber Acquires 186 Communications

On July 12, 2017, FirstLight Fiber acquired communications company 186 Communications

Acquisition Highlights
  • This is FirstLight Fiber’s 3rd transaction in the Communications sector.
  • This is FirstLight Fiber’s 4th transaction in the United States.
  • This is FirstLight Fiber’s 3rd transaction in New Hampshire.

M&A Deal Summary
Date 2017-07-12
Target 186 Communications
Sector Communications
Buyer(s) FirstLight Fiber
Deal Type Add-on Acquisition
Advisor(s) The Bank Street Group LLC (Financial)
Hinckley, Allen & Snyder (Legal)

Target

186 Communications

Nashua, New Hampshire, United States
website
186 Communications operates and maintains a fiber optic network serving local, national, and global broadband providers and enterprise customers. The core of our 1,000 mile Northeast network is operated from a 30,000 square foot facility and is fed by diverse connections, forming a high-capacity communications corridor designed and built to serve our customers.

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Buyer(S) 1

Buyer

FirstLight Fiber

Albany, New York, United States

website

Category Company
Founded 1999
Sector Communications
DESCRIPTION

FirstLight Fiber is a provider of fiber-optic data, Internet, data center and voice services to enterprise and carrier customers in New York and Northern New England with connectivity to Canada connecting in excess of 2,000 locations in service with an additional 14,000 locations serviceable by our 260,000 fiber mile network. FirstLight offers a robust suite of advanced telecommunications products featuring a comprehensive portfolio of high bandwidth connectivity solutions including Ethernet, wavelengths and dark fiber as well as dedicated Internet access solutions, data center services, and voice services such as SIP trunks, virtual PBX, and traditional TDM solutions. FirstLight Fiber was founded in 1999 and is based in Albany, New York.

DEAL STATS #
Overall 4 of 11
Sector (Communications) 3 of 8
Type (Add-on Acquisition) 3 of 9
State (New Hampshire) 3 of 3
Country (United States) 4 of 11
Year (2017) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-04 Oxford Networks

Lewiston, Maine, United States

Oxford Networks is a provider of end-to-end technology solutions for companies in New England and beyond. Oxford Networks services and products include: Data Center Services, Managed IT Services, Voice, Internet, and Carrier Services. Oxford Networks was founded in 1876 and is based in Lewiston, Maine.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-20 Finger Lakes Technologies Group

Victor, New York, United States

Finger Lakes Technologies Group, Inc. is a telecommunications provider serving the Finger Lakes Region of New York. FLTG owns and operates a 2,500 mile fiber network in New York State. Company have built fiber in over 30 communities across New York. In addition to providing voice & internet services, FLTG is a Cisco partner specializing in phone systems, networking and wireless solutions.

Buy -
Mergr

Product

Company

Legal