Investment Summary

Alaska Communications Invests In TekMate

On January 31, 2014, Alaska Communications invested in information technology company TekMate

Investment Highlights
  • This is Alaska Communications’ 2nd transaction in the Information Technology sector.
  • This is Alaska Communications’ 5th transaction in the United States.
  • This is Alaska Communications’ 4th transaction in Alaska.

Investment Summary

Date 2014-01-31
Target TekMate
Sector Information Technology
Investor(s) Alaska Communications
Deal Type Stake Purchase

Target

TekMate

Anchorage, Alaska, United States
TekMate LLC is a provider of information technology solutions. TekMate delivers proactive maintenance services through our flat-rate TotalCare IT Support Service.

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Investor(S) 1

Investor

Alaska Communications

Anchorage, Alaska, United States

Category Company
Founded 1998
Sector Communications
Revenue 232M USD (2019)
DESCRIPTION

Alaska Communications is a fiber broadband and managed information technology services provider, focused primarily on business and wholesale customers in and out of Alaska. The Company also provides telecommunication services to consumers throughout the state. ACS' facilities-based communications network extends throughout Alaska and connects to the contiguous states via two diverse undersea fiber optic cable systems and usage rights on a third undersea system. ACS' network is among the most expansive in Alaska and forms the foundation of service to customers. Alaska Communications was formed in 1998 and is based in Anchorage, Alaska.


DEAL STATS #
Overall 5 of 5
Sector (Information Technology) 2 of 2
Type (Stake Purchase) 2 of 2
State (Alaska) 4 of 4
Country (United States) 5 of 5
Year (2014) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-01-01 TekMate

Anchorage, Alaska, United States

TekMate LLC is a provider of information technology solutions. TekMate delivers proactive maintenance services through our flat-rate TotalCare IT Support Service.

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