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Nitel - M&A Summary, Ownership, and Business Overview

Information TechnologyCompany

Nitel M&A Summary

Nitel has acquired 2 companies of its own, including 2 in the last 5 years.

Nitel has acquired in 2 different US states. The Company’s most targeted sectors include information technology (100%).

Nitel Ownership

Who owns Nitel?

Nitel is owned by Comcast. It was acquired on December 11, 2024.

Was Nitel formerly PE-backed?

Yes. Nitel was formerly owned by 1 private investor.

Nitel Business Overview

Where is Nitel headquartered?

Nitel is headquartered in Chicago, Illinois.

What sector is Nitel in?

Nitel is an information technology company.

When was Nitel founded?

Nitel was founded in 2003.

M&A Summary

  • M&A Total Activity2
    • M&A Buy Activity2
  • Total Sectors Invested 1
  • Total Countries Invested 1

Nitel

Nitel, Inc.

350 N Orleans Street Suite 1300N,
Chicago, Illinois 60654
United States,
(888) 450-2100
www.nitelusa.com

Nitel is a provider of internet connectivity and networking technology services to multi-site small and medium-sized enterprises (‘SMEs’). The Company has a portfolio of communications solutions and a modern platform which delivers reliable, high-performance services to its customers. Nitel was founded in 2003 and is based in Chicago, Illinois.


M&A Summary

Buy vs Sell

Year ≤ '20 '21 '22 '23 '24 '25 T
Buy (0.4/yr) # - - 1 - 1 - 2
Sell (0.0/yr) # - - - - - - 0
  2
+20012-0.50.51.52.50

Most Recent M&A

Company Date Value Type
WAN Dynamics, Inc. 2024-03-25 - Add-on Acquisition
Brecksville, Ohio · www.wandynamics.com
Hypercore Networks, Inc. 2022-06-27 - Add-on Acquisition
Garland, Texas · www.hypercorenetworks.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Information Technology 2 (100%) - - -
Total 2 - - -

By Geo

State/Country Buy Value Sell Value
United States 2 - - -
  Texas 1 - - -
  Ohio 1 - - -
Total 2 - - -

Company Summary

SECTOR

Information Technology

Established

2003

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