M&A Deal Summary

GTT Acquires Accelerated Connections

On March 12, 2018, GTT acquired communications company Accelerated Connections

Acquisition Highlights
  • This is GTT’s 10th transaction in the Communications sector.
  • This is GTT’s 1st transaction in Canada.
  • This is GTT’s 1st transaction in Ontario.

M&A Deal Summary
Date 2018-03-12
Target Accelerated Connections
Sector Communications
Buyer(s) GTT
Deal Type Add-on Acquisition
Advisor(s) The Bank Street Group LLC (Financial)

Target

Accelerated Connections

Toronto, Ontario, Canada
website
Accelerated Connections, Inc. is a provider of managed networking, voice-over-IP (VoIP) and colocation services, serving large distributed Canadian enterprises. Accelerated Connections is based in Toronto, Ontario.

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Buyer(S) 1

Buyer

GTT

McLean, Virginia, United States

website

Category Company
Founded 2005
Sector Communications
Employees3,100
Revenue 1.7B USD (2019)
DESCRIPTION

GTT is a global telecommunications carrier and network integrator serving the data communications needs of large enterprise, government and carrier clients. GTT was founded in 2005 and is based in McLean, Virginia.

DEAL STATS #
Overall 12 of 14
Sector (Communications) 10 of 12
Type (Add-on Acquisition) 10 of 11
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2018) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-26 Interoute Communications

London, United Kingdom

Interoute Communications Ltd. is a provider of connectivity, communications and computing services to international enterprises, global telecommunication service providers, mobile operators, governments and channel partners. Interoute Communications was founded in 2002 and is based in London, United Kingdom.

Buy €1.9B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-01 Access Point

Cary, North Carolina, United States

Access Point, Inc. is a provider of integrated telecommunications solutions. Access Point offers traditional voice and data services to edge IP-based solutions. Access Point, Inc. was founded in 1996 and is based in Cary, North Carolina.

Buy $40M
Mergr

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