Hargray Communications Group - M&A Summary, Ownership, and Business Overview

CommunicationsCompany

Hargray Communications Group M&A Summary

Hargray Communications Group has acquired 7 companies of its own, including 5 in the last 5 years. It has also divested 1 asset.

Hargray Communications Group has acquired in 3 different US states. The Company’s most targeted sectors include communications (72%) and media (15%).

Hargray Communications Group Ownership

Who owns Hargray Communications Group?

Hargray Communications Group is owned by Cable ONE. It was acquired on February 15, 2021.

Was Hargray Communications Group formerly PE-backed?

Yes. Hargray Communications Group was formerly owned by 5 private investors.

Hargray Communications Group Business Overview

Where is Hargray Communications Group headquartered?

Hargray Communications Group is headquartered in Hilton Head, South Carolina.

What sector is Hargray Communications Group in?

Hargray Communications Group is a communications company.

When was Hargray Communications Group founded?

Hargray Communications Group was founded in 1949.

M&A Summary

  • M&A Total Activity8
    • M&A Buy Activity7
    • M&A Sell Activity1
  • Total Sectors Invested 3
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 2

Hargray Communications Group, Inc.

856 William Hilton Parkway,
Hilton Head, South Carolina 29928
United States,
(877) 427-4729
www.hargray.com

Hargray Communications Group, Inc. is a telecommunications provider serving southeastern South Carolina and northeastern Georgia. The company's operations include traditional telephone carrier services, internet services, cable television, wireless telephone, and a telephone directory publishing operation. Hargray Communications Group was founded in 1949 and is based in Hilton Head, South Carolina.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 6 1 - - - - 7
Sell (0.2/yr) # - - - 1 - - 1
  8

Most Recent M&A

Company Date Value Type
Hargray's Managed IT Services 2022-05-31 - Divestiture
Hilton Head, South Carolina
Electronet Broadband Communications 2020-02-03 - Add-on Acquisition
Tallahassee, Florida · www.electronet.net
Infinity Network Solutions, Inc. 2019-09-09 - Add-on Acquisition
Macon, Georgia · www.infinitynetworks.net
Kings Bay Communications, Inc. 2019-08-13 - Add-on Acquisition
Kingsland, Georgia · www.kgldcable.net
Dark Fiber Systems, Inc. 2019-01-30 - Add-on Acquisition
Jacksonville, Florida · www.dfsfiber.com
USA Communications - Alabama Assets 2019-01-15 - Divestiture
Pell City, Alabama
ComSouth Telecommunications, Inc. 2018-03-15 - Add-on Acquisition
Hawkinsville, Georgia · www.comsouth.net
Plantation Cablevision, Inc. 2015-11-03 - Add-on Acquisition
Eatonton, Georgia · www.plantationcable.net
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Communications 5 (71%) - - -
Information Technology 1 (14%) - 1 (100%) -
Media 1 (14%) - - -
Total 7 - 1 -

By Geo

State/Country Buy Value Sell Value
United States 7 - 1 -
  Georgia 4 - - -
  Florida 2 - - -
  Alabama 1 - - -
  South Carolina - - 1 -
Total 7 - 1 -

M&A Connections

Deals
Acquired from
Strategic(s)
14%
1 (14%)
Divested to
Strategic(s)
100%
1 (100%)

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