Shenandoah Telecommunication - M&A Summary and Business Overview

CommunicationsCompany

Shenandoah Telecommunication M&A Summary

Shenandoah Telecommunication has acquired 8 companies, including 3 in the last 5 years. A total of 5 acquisitions came from private equity firms. It has also divested 1 asset.

Shenandoah Telecommunication’s largest acquisition to date was in 2015, when it acquired NTELOS Holdings for $640M. It’s largest disclosed sale occurred in 2021, when it sold Shenandoah Telecommunication - Wireless Assets to T-Mobile US for $2.0B. Shenandoah Telecommunication has acquired in 5 different US states. The Company’s most targeted sectors include communications (84%) and media (17%).

Shenandoah Telecommunication Business Overview

Where is Shenandoah Telecommunication headquartered?

Shenandoah Telecommunication is headquartered in Edinburg, Virginia.

What is Shenandoah Telecommunication’s revenue?

Shenandoah Telecommunication disclosed revenue of 267M USD for 2022 and 245M USD for 2021.

How many employees does Shenandoah Telecommunication have?

Shenandoah Telecommunication has 1,139 employees.

What sector is Shenandoah Telecommunication in?

Shenandoah Telecommunication is a communications company.

When was Shenandoah Telecommunication founded?

Shenandoah Telecommunication was founded in 1902.

M&A Summary

  • M&A Total Activity7
    • M&A Buy Activity6
    • M&A Sell Activity1
  • Total Sectors Invested 2
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 8
  • M&A Advisors 2

Shenandoah Telecommunication

Shenandoah Telecommunication Co.

500 Shentel Way,
Edinburg, Virginia 22824
United States,
(540) 984-4141
www.shentel.com

Shenandoah Telecommunication is a diversified telecommunications holding company, provides both regulated and unregulated telecommunications services to end-user customers and other telecommunications providers in Virginia, West Virginia, central Pennsylvania, and western Maryland. Shenandoah Telecommunication was founded in 1902 and is based in Edinburg, Virginia.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 5 - - - 1 - 6
vol $790M $385M $1.2B
Sell (0.2/yr) # - - 1 - - - 1
vol $2.0B $2.0B
  7

Most Recent M&A

Company Date Value Type
Horizon Telcom, Inc. 2023-10-24 385M USD Add-on Acquisition
Columbus, Ohio · www.horizonconnects.com
Shenandoah Telecommunication Co. - Wireless Assets 2021-02-02 2.0B USD Divestiture
Edinburgh, Virginia
Colane Cable TV, Inc. 2016-01-04 2M USD Add-on Acquisition
Omar, West Virginia
NTELOS Holdings Corp. 2015-08-10 640M USD Add-on Acquisition
Waynesboro, Virginia · www.ntelos.com
Helicon Cable Holdings, LLC 2010-08-09 148M USD Add-on Acquisition
Rye Brook, New York
Rapid Communications - Cable Assets 2008-12-01 - Divestiture
, United States
NTC Communications LLC 2004-12-01 - Add-on Acquisition
Edinburgh, Virginia · www.ntc-com.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Communications 5 (83%) 1.2B (100%) 1 (100%) 2.0B (100%)
Media 1 (17%) 2M (< 1%) - -
Total 6 $1.2B 1 $2.0B

By Geo

State/Country Buy Value Sell Value
United States 6 1.2B 1 2.0B
  Virginia 2 640M 1 2.0B
  West Virginia 1 2M - -
  Ohio 1 385M - -
  New York 1 148M - -
Total 6 $1.2B 1 $2.0B

Top M&A Advisors

Financial Deals
Rothschild Global Advisory
1
Legal Deals
Hunton Andrews Kurth
1

Deal Values

buy # Total
$100M to $1B 3 $1.2B
< $100M 1 $2M
TOTAL $1.2B
Largest NTELOS Holdings Corp.
$640M (2015-08-10)
sell # Total
> $1B 1 $2.0B
TOTAL $2.0B
Largest Shenandoah Telecommunication Co. - Wireless Assets
$2.0B (2021-02-02)

M&A Connections

Deals
Acquired from
Investor(s)
50%
3 (50%)
Strategic(s)
33%
2 (33%)
Divested to
Strategic(s)
100%
1 (100%)

 Subscribe to unlock this and 203,374
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
  • 4.6K Private Equity Firms
  • 195K M&A Transactions
  • 199K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 76K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.