M&A Deal Summary

RTA Acquires SCT Broadband

On January 22, 2023, RTA acquired communications company SCT Broadband

Acquisition Highlights
  • This is RTA’s 2nd transaction in the Communications sector.
  • This is RTA’s 2nd transaction in the United States.
  • This is RTA’s 1st transaction in Texas.

M&A Deal Summary
Date 2023-01-22
Target SCT Broadband
Sector Communications
Buyer(s) RTA
Deal Type Add-on Acquisition

Target

SCT Broadband

Smithville, Texas, United States
website
SCT Broadband is a local broadband company that provides affordable gigFAST INTERNET and services to their local communities. SCT Broadband is based in Smithville, Texas.

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Buyer(S) 1

Buyer

RTA

Houston, Texas, United States

website

Category Company
Founded 2018
Sector Communications
DESCRIPTION

RTA provides affordable modern gigFAST internet solutions for rural America. RTA is committed to narrow the digital divide between urban and rural America, building economic and social prosperity, and promoting rural America is open for business. RTA was founded in 2018 and is based in Houston, Texas.

DEAL STATS #
Overall 2 of 3
Sector (Communications) 2 of 3
Type (Add-on Acquisition) 2 of 3
State (Texas) 1 of 2
Country (United States) 2 of 3
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-28 The Fusion Network

Sandwich, Illinois, United States

The Fusion Network is providing Dedicated Internet Access, Co-Location and Transport Services. The Fusion Network has lit Points of Presence in several major Metros in several states across the USThe Fusion Network is based in Sandwich, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-26 Blue Ridge Fiber

Midland, Texas, United States

Blue Ridge Fiber is a Fiber To The Home (FTTH) strategy in the local area to provide affordable and reliable gigFAST internet. Blue Ridge Fiber is based in Midland, Texas.

Buy -
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