M&A Deal Summary

Zayo Acquires Spread Networks

On November 27, 2017, Zayo acquired communications company Spread Networks for 127M USD

Acquisition Highlights
  • This is Zayo’s 21st transaction in the Communications sector.
  • This is Zayo’s 6th largest (disclosed) transaction.
  • This is Zayo’s 24th transaction in the United States.
  • This is Zayo’s 1st transaction in Mississippi.

M&A Deal Summary
Date 2017-11-27
Target Spread Networks
Sector Communications
Buyer(s) Zayo
Deal Type Add-on Acquisition
Deal Value 127M USD

Target

Spread Networks

Ridgeland, Mississippi, United States
website
Spread Networks LLC is a privately-owned telecommunications provider that owns and operates a 825-mile, high-fiber count long haul route connecting New York and Chicago.

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Buyer(S) 1

Buyer

Zayo

Boulder, Colorado, United States

website

Category Company
Founded 2007
Sector Communications
Employees3,700
Revenue 2.6B USD (2018)
DESCRIPTION
Zayo's corporate headquarters in Boulder, Colorado.
Zayo's corporate headquarters in Boulder, Colorado.

Zayo is a provider of bandwidth infrastructure and network neutral colocation and interconnection services. Zayo's services allow its customers, which include telecom carriers, wireless service providers, media and content companies, and other bandwidth-intensive businesses, to transport data, voice, video, and internet traffic, as well as to interconnect their networks. Zayo was founded in 2007 and is based in Boulder, Colorado.

DEAL STATS #
Overall 30 of 35
Sector (Communications) 21 of 25
Type (Add-on Acquisition) 28 of 33
State (Mississippi) 1 of 1
Country (United States) 24 of 28
Year (2017) 1 of 1
Size (of disclosed) 6 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-30 Electric Lightwave

Vancouver, Washington, United States

Electric Lightwave, Inc. is a provider of communication and networking services in the western United States.

Buy $1.4B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-19 Optic Zoo Networks

Vancouver, British Columbia, Canada

Optic Zoo Networks Ltd. is an owns and operator of high-capacity fiber. Optic Zoo Networks is based in Vancouver, British Columbia.

Buy CA$31M
Mergr

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