M&A Deal Summary

Clearfield Acquires Nestor Cables

On May 17, 2022, Clearfield acquired communications company Nestor Cables for 23M USD

Acquisition Highlights
  • This is Clearfield’s 1st transaction in the Communications sector.
  • This is Clearfield’s largest (disclosed) transaction.
  • This is Clearfield’s 1st transaction in Finland.

M&A Deal Summary

Date 2022-05-17
Target Nestor Cables
Sector Communications
Buyer(s) Clearfield
Deal Type Add-on Acquisition
Deal Value 23M USD

Target

Nestor Cables

Oulu, Finland
Nestor Cables is a developer and manufacturer of fiber optic cable solutions. Its product portfolio includes fiber optic cables, connectivity accessories for fiber optic networks, and instrumentation. Nestor Cables was founded in 2007 and is headquartered in Oulu, Finland.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Clearfield

Minneapolis, Minnesota, United States

Category Company
Founded 1979
Sector Technology Hardware
Employees400
Revenue 269M USD (2023)
DESCRIPTION

Clearfield is a designer, manufacturer and distributor of fiber optic management, protection and delivery products for communications networks. Clearfield was incorporated in 1979 and is based in Minneapolis, Minnesota.


DEAL STATS #
Overall 2 of 2
Sector (Communications) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Finland) 1 of 1
Year (2022) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-21 Calix - Outdoor Powered Cabinet Product

Petaluma, California, United States

Calix, Inc. - Outdoor Powered Cabinet Product is a provider of customers a single point of contact for cabinet solutions both passive and powered.

Buy $10M