Covad Communications Group - M&A Summary and Business Overview

CommunicationsCompany

Covad Communications Group M&A Summary

Covad Communications Group has acquired 1 company. It has also divested 1 asset.

Covad Communications Group’s largest acquisition to date was in 2006, when it acquired NextWeb for $25M. Covad Communications Group has acquired in 1 US state. The Company’s most targeted sectors include internet software and services (100%).

Covad Communications Group Business Overview

Where is Covad Communications Group headquartered?

Covad Communications Group is headquartered in San Jose, California.

How many employees does Covad Communications Group have?

Covad Communications Group has 775 employees.

What sector is Covad Communications Group in?

Covad Communications Group is a communications company.

When was Covad Communications Group founded?

Covad Communications Group was founded in 1997.

M&A Summary

  • M&A Total Activity2
    • M&A Buy Activity1
    • M&A Sell Activity1
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 1

Covad Communications Group, Inc.

2220 O'Toole Avenue,
San Jose, California 95131
United States,
www.covad.com

Covad provides a wide range of access and hub aggregation services, including Ethernet, T1, and DSL. Covad manages a robust, next-generation IP/MPLS network that efficiently delivers integrated voice, video, and data solutions. Covad broadband services are currently available in 45 states and 240 major metropolitan areas, and can be purchased by approximately 11 million businesses, representing over 60 percent of all U.S. businesses.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 1 - - - - - 1
vol $25M $25M
Sell (0.0/yr) # 1 - - - - - 1
  2

Most Recent M&A

Company Date Value Type
NextWeb, Inc. (Covad Wireless) 2010-12-23 - Divestiture
Seattle, Washington
NextWeb, Inc. (Covad Wireless) 2006-02-21 25M USD Add-on Acquisition
Seattle, Washington
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Internet Software and Services 1 (100%) 25M (100%) 1 (100%) -
Total 1 $25M 1 -

By Geo

State/Country Buy Value Sell Value
United States 1 25M 1 -
  Washington 1 25M 1 -
Total 1 $25M 1 -

Deal Values

buy # Total
< $100M 1 $25M
TOTAL $25M
Largest NextWeb, Inc. (Covad Wireless)
$25M (2006-02-21)

M&A Connections

Deals
Divested to
Strategic(s)
100%
1 (100%)

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