CommunicationsCompany
Lumen has acquired 17 companies, including 1 in the last 5 years. It has also divested 3 assets.
Lumen’s largest acquisition to date was in 2016, when it acquired Level 3 Communications for $34.0B. It’s largest disclosed sale occurred in 2021, when it sold Lumen Technologies-ILEC Business to Apollo Global Management for $7.5B. Lumen has acquired in 12 different US states, and 2 countries. The Company’s most targeted sectors include information technology (48%) and communications (24%).
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M&A Summary
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M&A Total Activity20
- M&A Buy Activity17
- M&A Sell Activity3
- Total Sectors Invested 5
- Total Countries Invested 2
- M&A Buy/Sell Connections 4
- M&A Advisors 9