M&A Deal Summary

Zayo Acquires Electric Lightwave

On November 30, 2016, Zayo acquired communications company Electric Lightwave for 1.4B USD

Acquisition Highlights
  • This is Zayo’s 20th transaction in the Communications sector.
  • This is Zayo’s 2nd largest (disclosed) transaction.
  • This is Zayo’s 23rd transaction in the United States.
  • This is Zayo’s 3rd transaction in Washington.

M&A Deal Summary
Date 2016-11-30
Target Electric Lightwave
Sector Communications
Buyer(s) Zayo
Deal Type Add-on Acquisition
Deal Value 1.4B USD
Advisor(s) Latham & Watkins
Gray, Plant, Mooty, Mooty & Bennett PA (Legal)

Target

Electric Lightwave

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

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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 29 of 35
Sector (Communications) 20 of 25
Type (Add-on Acquisition) 27 of 33
State (Washington) 3 of 3
Country (United States) 23 of 28
Year (2016) 2 of 2
Size (of disclosed) 2 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-01 Clearview International

Dallas, Texas, United States

Clearview International LLC is an IT consulting firm provides comprehensive suite of cloud solutions, depth of IT talent, the robust power infrastructure, and the diverse network of telecom services required for world-class enterprise Texas data center operations.

Buy $19M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-27 Spread Networks

Ridgeland, Mississippi, United States

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.

Buy $127M
Mergr

Product

Company

Legal