Add-on Acquisition • Communications

Consolidated Communications Acquires North Pittsburgh Systems

On December 31, 2007, Consolidated Communications acquired communications company North Pittsburgh Systems for 363M USD

Acquisition Context
  • This is Consolidated Communications’ 1st transaction in the Communications sector.
  • This is Consolidated Communications’ 3rd largest (disclosed) transaction.
  • This is Consolidated Communications’ 1st transaction in the United States.
  • This is Consolidated Communications’ 1st transaction in Pennsylvania.

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M&A Deal Summary

Date December 31, 2007
Target North Pittsburgh Systems
Sector Communications
Buyer(s) Consolidated Communications
Deal Type Add-on Acquisition
Deal Value 363M USD
Advisor(s) Evercore Group (Financial)
Hughes Hubbard & Reed (Legal)

Target Company

North Pittsburgh Systems

Gibsonia, Pennsylvania, United States
North Pittsburgh Systems, Inc. is a provider of telecommunication services.
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Buyer Overview 1

Buyer

Consolidated Communications

Mattoon, Illinois, United States

Category Company
Founded 1894
Sector Communications
Employees3,180
Revenue 1.1B USD (2023)
DESCRIPTION

Consolidated Communications is an integrated communications services company that operates as both an Incumbent Local Exchange Carrier and a Competitive Local Exchange Carrier dependent upon the territory served. Consolidated provides an array of services in consumer, commercial and carrier channels in 11 states, including local and long-distance service, high-speed broadband Internet access, video services, VoIP, custom calling features, private line services, carrier grade access services, network capacity services over our regional fiber optic networks, data center and managed services, directory publishing, equipment sales and cloud data services. Consolidated Communications was incorporated in 1894 and is based in Mattoon, Illinois.


Deal Context for Buyer #
Overall 1 of 6
Sector: Communications 1 of 6
Type: Add-on Acquisition 1 of 6
State: Pennsylvania 1 of 1
Country: United States 1 of 6
Year: 2007 1 of 1
Size (of disclosed) 3 of 4
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-02-06 SureWest Communications

Roseville, California, United States

SureWest Communications is a telecommunications company provides data services include high-speed Internet access in US.

Buy $535M