ATN Mergers and Acquisitions Summary

CommunicationsCompany

ATN has acquired 11 companies, including 2 in the last 5 years. A total of 1 acquisition came from private equity firms.

ATN’s largest acquisition to date was in 2015, when it acquired Caribbean Asset Holdings for $145M. ATN has acquired in 6 different US states, and 4 countries. The Company’s most targeted sectors include communications (82%) and financial services (10%).

Join Mergr and gain access to ATN’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the communications sector.

M&A Summary

  • M&A Total Activity11
    • M&A Buy Activity11
  • Total Sectors Invested 3
  • Total Countries Invested 4
  • M&A Buy/Sell Connections 4
  • M&A Advisors 8

ATN

Atlantic Tele-Network, Inc.

500 Cummings Center Suite 2450,
Beverly, Massachusetts 01915
United States,
(978) 619-1300
www.atni.com

ATN is a telecommunications company operating advanced wireless, wireline, and both terrestrial and submarine fiber optic networks in North America and the Caribbean. Through our operating subsidiaries, Atlantic provide both wireless and wireline connectivity to residential and business customers, including a range of mobile wireless solutions, local exchange services and broadband internet services. ATN was formed in 1987 and is based in Beverly, Massachusetts.


M&A Summary

Buy vs Sell

Year ≤ '17 '18 '19 '20 '21 '22 T
Buy (0.2/yr) # 10 - - - 1 - 11
vol $261M $261M
Sell (0.0/yr) # - - - - - - 0
  11

Most Recent M&A

Company Date Value Type
Alaska Communications Systems Group, Inc. 2021-03-15 - Add-on Acquisition
Anchorage, Alaska · www.alaskacommunications.com
Fireminds Ltd. 2017-09-25 - Add-on Acquisition
Hamilton, Bermuda · www.fireminds.com
Bermuda Digital Communications Ltd. (dba Cellular One) 2015-10-06 - Stake Purchase
Hamilton, Bermuda · www.cellularone.bm
Caribbean Asset Holdings LLC 2015-10-01 145M USD Divestiture
Dulles, Virginia
One Communications Ltd. 2015-10-01 - Stake Purchase
Hamilton, Bermuda · www.ir.onecomm.bm
Ahana Renewables LLC 2014-12-29 103M USD Add-on Acquisition
San Francisco, California · www.ahanarenewables.com
ION HoldCo LLC 2008-08-12 - Add-on Acquisition
Albany, New York · www.i-o-n.com
SoVerNet, Inc.(dba Sovernet Communications) 2006-02-13 13M USD Add-on Acquisition
Bellows Falls, Vermont · www.sover.net
Commnet Wireless LLC 2005-09-15 - Add-on Acquisition
Atlanta, Georgia · www.commnetwireless.com
Choice Communications LLC 1999-01-01 - Add-on Acquisition
Saint Thomas, Virgin Islands (U.S.)
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Ahana Renewables LLC 2014-12-29 Ahana Renewables LLC - The Tahoe Solar Portfolio 2018-11-08 1
San Francisco, California · www.ahanarenewables.com San Francisco, California

M&A by Sector

Sector Buy # Value Sell # Value
Communications 9 (82%) 158M (60%) - -
Financial Services 1 (9%) 103M (40%) - -
Internet Software and Services 1 (9%) - - -
Total 11 $261M - -

By Geo

State/Country Buy Value Sell Value
United States 6 261M - -
  Virginia 1 145M - -
  Vermont 1 13M - -
  New York 1 - - -
  Georgia 1 - - -
  California 1 103M - -
  Alaska 1 - - -
Bermuda 3 - - -
Guyana 1 - - -
Virgin Islands (U.S.) 1 - - -
Domestic 6 (55%) 261M (100%) - -
Cross-border 5 (45%) - - -
Total 11 $261M - -

Top M&A Advisors

Financial Deals
Q Advisors LLC
1
Bank of America Merrill Lynch (BofA Securities)
1
MVP Capital LLC
1
Legal Deals
Wakefield Quin Ltd.
2
Stoel Rives LLP
1
Cleary Gottlieb Steen & Hamilton LLP
1

Deal Values

buy # Total
$100M to $1B 2 $248M
< $100M 1 $13M
TOTAL $261M
Largest Caribbean Asset Holdings LLC
$145M (2015-10-01)

M&A Connections

Deals
Acquired from
Investor(s)
9%
1 (9%)
Strategic(s)
27%
3 (27%)

 Subscribe to unlock this and 182,879
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.3K Private Equity Firms
  • 173K M&A Transactions
  • 179K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.5K M&A Advisors
    (Investment Banks and Law Firms)
  • 65K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.