M&A Deal Summary

Cincinnati Bell Acquires Hawaiian Telcom Holdco

On July 2, 2018, Cincinnati Bell acquired communications company Hawaiian Telcom Holdco for 650M USD

Acquisition Highlights
  • This is Cincinnati Bell’s 2nd transaction in the Communications sector.
  • This is Cincinnati Bell’s largest (disclosed) transaction.
  • This is Cincinnati Bell’s 3rd transaction in the United States.
  • This is Cincinnati Bell’s 1st transaction in Hawaii.

M&A Deal Summary
Date 2018-07-02
Target Hawaiian Telcom Holdco
Sector Communications
Buyer(s) Cincinnati Bell
Deal Type Add-on Acquisition
Deal Value 650M USD
Advisor(s) UBS Investment Bank (Financial)
Gibson, Dunn & Crutcher (Legal)

Target

Hawaiian Telcom Holdco

Honolulu, Hawaii, United States
Hawaiian Telcom Holdco, Inc. is a provider of integrated communications and entertainment solutions for business and residential customers. Hawaiian Telcom was founded in 1883 and is based in Honolulu, Hawaii.

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Buyer(S) 1

Buyer

Cincinnati Bell

Cincinnati, Ohio, United States
Category Company
Founded 1873
Sector Communications
Employees4,300
Revenue 1.5B USD (2019)
DESCRIPTION
Cincinnati Bell's corporate headquarters in Cincinnati, Ohio.
Cincinnati Bell's corporate headquarters in Cincinnati, Ohio.

Cincinnati Bell, Inc. is a provider of integrated communications solutions, including local and long-distance voice, data, high-speed Internet and entertainment services. Cincinnati Bell serves customers in Greater Cincinnati and Dayton. Cincinnati Bell was founded in 1873 and is based in Cincinnati, Ohio.

DEAL STATS #
Overall 4 of 6
Sector (Communications) 2 of 4
Type (Add-on Acquisition) 4 of 4
State (Hawaii) 1 of 1
Country (United States) 3 of 5
Year (2018) 1 of 1
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-02 OnX Enterprise Solutions

Thornhill, Ontario, Canada

OnX Enterprise Solutions Ltd. is a global enterprise data center solutions provider with a suite of end-to-end solutions including the industry’s leading enterprise cloud offerings. OnX Enterprise Solutions was founded in 2006 and is based in Thornhill, Ontario.

Buy $201M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-02 Agile Networks

Canton, Ohio, United States

Agile Networks is a provider of hybrid fiber wireless broadband data networks, supplying connectivity to empower customers and transform organizations. Agile Networks was founded in 2010 and is based in Canton, Ohio.

Buy -
Mergr

Product

Company

Legal