M&A Deal Summary

Cogent Acquires NetRail

On September 10, 2001, Cogent acquired communications company NetRail for 12M USD

Acquisition Highlights
  • This is Cogent’s 1st transaction in the Communications sector.
  • This is Cogent’s largest (disclosed) transaction.
  • This is Cogent’s 1st transaction in the United States.
  • This is Cogent’s 1st transaction in Georgia.

M&A Deal Summary
Date 2001-09-10
Target NetRail
Sector Communications
Buyer(s) Cogent
Deal Type Special Situations/Distressed
Deal Value 12M USD

Target

NetRail

Atlanta, Georgia, United States
NetRail is a Tier-1 internet service provider.

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Buyer(S) 1

Buyer

Cogent

Washington, District of Columbia, United States
Category Company
Founded 1999
Sector Communications
Employees1,955
Revenue 941M USD (2023)
DESCRIPTION

Cogent is an optical ISP focused on delivering ultra-high-speed Internet access and transport services to businesses in the multi-tenant marketplace. Cogent was founded in 1999 and is based in Washington, District of Columbia.

DEAL STATS #
Overall 1 of 12
Sector (Communications) 1 of 12
Type (Special Situations/Distressed) 1 of 2
State (Georgia) 1 of 1
Country (United States) 1 of 10
Year (2001) 1 of 1
Size (of disclosed) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-02-04 Allied Riser Communications

United States

Allied Riser Communications Corp. manages the riser stack shaft within office buildings.

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