M&A Deal Summary

General Communication Acquires Network Business Systems

On August 6, 2015, General Communication acquired internet software and services company Network Business Systems

Acquisition Highlights
  • This is General Communication’s 1st transaction in the Internet Software and Services sector.
  • This is General Communication’s 1st transaction in the United States.
  • This is General Communication’s 1st transaction in Arkansas.

M&A Deal Summary
Date 2015-08-06
Target Network Business Systems
Sector Internet Software and Services
Buyer(s) General Communication
Deal Type Add-on Acquisition

Target

Network Business Systems

Anchorage, Arkansas, United States
website
Network Business Systems is a provider of cloud services enable businesses to store and process data remotely, increasing efficiency, reliability and performance and eliminating the need to maintain and upgrade hardware and software in-house.

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Buyer(S) 1

Buyer

General Communication

Anchorage, Alaska, United States

website

Category Company
Founded 1979
Sector Communications
Employees2,310
Revenue 933M USD (2016)
DESCRIPTION

General Communication, Inc. is a provider of voice, data and video services in Alaska, through which consumers can experience entertainment everywhere. GCI is also the provider of communications services to enterprise customers, particularly large enterprise customers with complex data networking needs.

DEAL STATS #
Overall 1 of 2
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Arkansas) 1 of 1
Country (United States) 1 of 2
Year (2015) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-11 Northpoint Consulting

Seattle, Washington, United States

Northpoint Consulting LLC is a premier network consulting firm based in Seattle.

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