M&A Deal Summary

NeoNova Network Services Acquires API Digital Communications Group

On May 4, 2017, NeoNova Network Services acquired information technology company API Digital Communications Group

Acquisition Highlights
  • This is NeoNova Network Services’ 1st transaction in the Information Technology sector.
  • This is NeoNova Network Services’ 1st transaction in the United States.
  • This is NeoNova Network Services’ 1st transaction in Alabama.

M&A Deal Summary
Date 2017-05-04
Target API Digital Communications Group
Sector Information Technology
Buyer(s) NeoNova Network Services
Deal Type Add-on Acquisition

Target

API Digital Communications Group

Huntsville, Alabama, United States
API Digital Communications Group LLC is a networking communications and managed IT services provider. API Digital Communications Group LLC was established in 1999 and is headquartered in Huntsville, Alabama.

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Buyer(S) 1

Buyer

NeoNova Network Services

Morrisville, North Carolina, United States
Category Company
Founded 1994
Sector Internet Software and Services
DESCRIPTION

NeoNova is a nationwide provider of ISP, ISP back office services, as well as a leading provider of VoIP, IP Engineering, and IPTV integration and managed services.

DEAL STATS #
Overall 1 of 2
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Alabama) 1 of 1
Country (United States) 1 of 2
Year (2017) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-02 SecurityCoverage

Cedar Rapids, Iowa, United States

SecurityCoverage, Inc. is a provider of 24/7/365 help desk, premium technical support, cybersecurity solutions and ancillary services for telecom, cable and broadband providers serving rural America. SecurityCoverage, Inc. was founded in 2003 and is based in Cedar Rapids, Iowa.

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