CommunicationsCompany
123Net Ownership
Who owns 123Net?
123Net is owned by Grain Management. It was acquired on April 22, 2024.
Is 123Net PE-backed?
Yes. 123Net is owned by private equity investor Grain Management.
123Net Business Overview
Where is 123Net headquartered?
123Net is headquartered in Southfield, Michigan.
What sector is 123Net in?
123Net is a communications company.
When was 123Net founded?
123Net was founded in 1995.
Communications M&A Summary in 2024
Out of 60 sectors in the Mergr database, communications ranked 23 in number of deals in 2024. The largest communications acquisition in 2024 was Frontier Communications Parent - which was acquired by Verizon Communications for $20.0B.
Join Mergr to view all 66 acquisitions of communications companies in 2024, including 8 acquisitions by private equity firms, and 58 by strategics.