M&A Deal Summary

Bluebird Network Acquires ColoHub Data Center

On January 5, 2021, Bluebird Network acquired information technology company ColoHub Data Center from Geneseo Communications

Acquisition Highlights
  • This is Bluebird Network’s 1st transaction in the Information Technology sector.
  • This is Bluebird Network’s 2nd transaction in the United States.
  • This is Bluebird Network’s 1st transaction in Iowa.

M&A Deal Summary
Date 2021-01-05
Target ColoHub Data Center
Sector Information Technology
Buyer(s) Bluebird Network
Sellers(s) Geneseo Communications
Deal Type Divestiture

Target

ColoHub Data Center

Bettendorf, Iowa, United States
ColoHub Data Center is a data and technology company based in Bettendorf, Iowa. Iowa’s electrical power rates are 30%-40% less expensive than larger cities, thus virtually taking expense out of the decision-making process without compromising the benefits of top tier facilities.

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Buyer(S) 1

Buyer

Bluebird Network

Columbia, Missouri, United States
Category Company
Founded 1999
Sector Communications
DESCRIPTION

Bluebird Network LLC is a telecommunications company providing high bandwidth network solutions within rural and urban areas throughout the Midwest, focusing on connecting rural areas to major cities. The company provides a wide variety of network services to enterprise and carrier customers.

DEAL STATS #
Overall 2 of 3
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 2
State (Iowa) 1 of 1
Country (United States) 2 of 3
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-10 Illinois Network Alliance

United States

Illinois Network Alliance LLC is a provider of fiber services and high-bandwidth network solutions for cell towers, hospitals, schools, government facilities, and other businesses.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-01 Missouri Telecom s Middle-Mile Network Assets

Missouri, United States

Missouri Telecom Inc.'s Middle-Mile Network Assets comprises 40 route miles of fiber, along with three Points of Presence (PoPs) in Southwest Missouri, including the cities Mount Vernon, Monett, Nevada, and Aurora.

Buy -

Seller(S) 1

SELLER

Geneseo Communications

Bettendorf, Iowa, United States
Category Company
Sector Communications
DESCRIPTION

Geneseo Communications offers internet service within Illinois and Iowa. DSL internet from Geneseo Communications is available to an estimated 23,000 people. In addition to DSL broadband, the company also offers fixed wireless and fiber internet service. Its fixed wireless service is available to approximately 44,000 people Its fiber service is available to approximately 41,000 people.

DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 1
State (Iowa) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1
Mergr

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