M&A Deal Summary

Cogeco Communications Acquires DERYtelecom

On October 21, 2020, Cogeco Communications acquired communications company DERYtelecom for 405M USD

Acquisition Highlights
  • This is Cogeco Communications’ 4th transaction in the Communications sector.
  • This is Cogeco Communications’ 4th largest (disclosed) transaction.
  • This is Cogeco Communications’ 5th transaction in Canada.
  • This is Cogeco Communications’ 2nd transaction in Quebec.

M&A Deal Summary
Date 2020-10-21
Target DERYtelecom
Sector Communications
Buyer(s) Cogeco Communications
Deal Type Add-on Acquisition
Deal Value 405M USD

Target

DERYtelecom

Saguenay, Quebec, Canada
DERYtelecom offers Internet, television, and telephony services to approximately 100,000 customers in over 200 municipalities across several regions in Quebec, including Estrie, Lanaudière, Montérégie, and the Laurentians.

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Buyer(S) 1

Buyer

Cogeco Communications

Montreal, Quebec, Canada
Category Company
Founded 1957
Sector Communications
Employees3,740
Revenue 3.0B CAD (2023)
DESCRIPTION

Cogeco Communications is a telecommunications corporation and is the second largest hybrid fibre coaxial cable system operator in Ontario and Québec. Cogeco Communications was incorporated in 1957 and is based in Montreal, Canada.

DEAL STATS #
Overall 7 of 7
Sector (Communications) 4 of 4
Type (Add-on Acquisition) 7 of 7
State (Quebec) 2 of 2
Country (Canada) 5 of 5
Year (2020) 1 of 1
Size (of disclosed) 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-27 Cogeco Peer 1

Toronto, Ontario, Canada

Cogeco Peer 1, Inc. is a provider of outsourced Internet infrastructure in the form of colocation and related managed services to enterprise customers in the US, and to a lesser extent, in Canada.

Sell CA$720M
Mergr

Product

Company

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