M&A Deal Summary

Windstream Acquires PAETEC Holdings

On December 1, 2011, Windstream acquired communications company PAETEC Holdings for 2.3B USD

Acquisition Highlights
  • This is Windstream’s 9th transaction in the Communications sector.
  • This is Windstream’s largest (disclosed) transaction.
  • This is Windstream’s 10th transaction in the United States.
  • This is Windstream’s 1st transaction in New York.

M&A Deal Summary

Date 2011-12-01
Target PAETEC Holdings
Sector Communications
Buyer(s) Windstream
Deal Type Add-on Acquisition
Deal Value 2.3B USD

Target

PAETEC Holdings

Fairport, New York, United States
website
PAETEC Holdings is an integrated communications provider offering local, domestic and international long distance services, high speed Internet access, eCommerce and other data services to medium and large sized businesses, colleges and universities, hospitals, governmental organizations and affinity groups throughout the United States.

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Buyer(S) 1

Buyer

Windstream

Little Rock, Arkansas, United States

website


Category Company
Founded 2006
Sector Communications
Employees11,080
Revenue 5.1B USD (2019)
DESCRIPTION
Windstream office in downtown Greenville, South Carolina.
Windstream office in downtown Greenville, South Carolina.

Windstream is a provider of advanced network communications, including cloud computing and managed services, to businesses nationwide. The company also offers broadband, phone and digital TV services to consumers primarily in rural areas. Windstream was founded in 2006 and is based in Little Rock, Arkansas.


DEAL STATS #
Overall 10 of 14
Sector (Communications) 9 of 13
Type (Add-on Acquisition) 10 of 13
State (New York) 1 of 3
Country (United States) 10 of 14
Year (2011) 1 of 1
Size (of disclosed) 1 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-12-02 Q-Comm

Evansville, Indiana, United States

Q-Comm Corp. is a provider of long haul and metro lit fiber services to a diverse base of bandwidth intensive customers, including wireline carriers, wireless carriers, and the large enterprise, government, education and medical markets.

Buy $818M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-01 Business Only Broadband

Westmont, Illinois, United States

Business Only Broadband owns and operates the largest independent wireless broadband networks in Chicago and New York City, providing wireless broadband Internet connectivity services to the financial sector and large enterprise customers. Business Only Broadband is based in Westmont, Illinois.

Buy -