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  6. Atlantic Broadband Group Acquires MetroCast Communications of Connecticut

M&A Deal Summary

Atlantic Broadband Group Acquires MetroCast Communications of Connecticut

On June 8, 2015, Atlantic Broadband Group acquired communications company MetroCast Communications of Connecticut from Harron Communications for 200M USD

Acquisition Highlights
  • This is Atlantic Broadband Group’s 1st transaction in the Communications sector.
  • This is Atlantic Broadband Group’s 2nd largest (disclosed) transaction.
  • This is Atlantic Broadband Group’s 1st transaction in the United States.
  • This is Atlantic Broadband Group’s 1st transaction in Connecticut.

M&A Deal Summary
Date 2015-06-08
Target MetroCast Communications of Connecticut
Sector Communications
Buyer(s) Atlantic Broadband Group
Sellers(s) Harron Communications
Deal Type Divestiture
Deal Value 200M USD

Target

MetroCast Communications of Connecticut

Connecticut, United States
MetroCast Connecticut's network passes close to 70,000 homes and businesses across nine communities in eastern Connecticut including New London, Waterford, East Lyme, Montville, Plainfield, Killingly, Sterling, Griswold, and Putnam.

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Buyer(S) 1

Buyer

Atlantic Broadband Group

Quincy, Massachusetts, United States
Category Company
Sector Communications
DESCRIPTION

Atlantic Broadband is a cable operator which provides analog and digital video services as well as high-speed data services to subscribers in Miami Beach, Western Pennsylvania, Maryland, and Delaware.

DEAL STATS #
Overall 1 of 5
Sector: Communications M&A 1 of 5
Type: Divestiture M&A Deals 1 of 4
State: Connecticut M&A 1 of 2
Country: United States M&A 1 of 5
Year: 2015 M&A 1 of 1
Size (of disclosed) 2 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-04 MetroCast

Frazer, Pennsylvania, United States

MetroCast is a provider of TV, Internet and Phone services to business and residential customers. MetroCast delivers High Speed Internet that’s in a class by itself. With new 150 Mbps service company offer Internet speeds almost 10x the national average and faster than most other providers in service areas.

Buy -

Seller(S) 1

SELLER

Harron Communications

Frazer, Pennsylvania, United States
Category Company
Founded 2005
Sector Communications
DESCRIPTION

Harron owns and operates state-of-the-art communication systems providing a full-suite of advanced services, including high-speed Internet, digital & HD video, telephony as well as a broad array business and data services to the commercial marketplace. Harron is one of the 20 largest multi-system cable operators in the U.S. serving over 200,000 customers.

DEAL STATS #
Overall 1 of 2
Sector: Communications M&A 1 of 2
Type: Divestiture M&A Deals 1 of 2
State: Connecticut M&A 1 of 1
Country: United States M&A 1 of 2
Year: 2015 M&A 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-04 MetroCast

Frazer, Pennsylvania, United States

MetroCast is a provider of TV, Internet and Phone services to business and residential customers. MetroCast delivers High Speed Internet that’s in a class by itself. With new 150 Mbps service company offer Internet speeds almost 10x the national average and faster than most other providers in service areas.

Sell -
Mergr

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