Investment Summary

Digital Alpha Invests In WeLink

On January 7, 2021, private equity firm Digital Alpha invested in communications company WeLink

Investment Highlights
  • This is Digital Alpha’s 1st transaction in the Communications sector.
  • This is Digital Alpha’s 9th transaction in the United States.
  • This is Digital Alpha’s 1st transaction in Utah.

Investment Summary

Date 2021-01-07
Target WeLink
Sector Communications
Investor(s) Digital Alpha
Deal Type Growth Capital

Target

WeLink

Lehi, Utah, United States
WeLink is a provider of high-speed broadband access to homes and businesses at up to gigabit speeds, connecting the unconnected and expanding and improving access. WeLink was founded in 2018 and is based in Lehi, Utah.

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Investor(S) 1

DESCRIPTION

Digital Alpha is an alternative investor focused on digital infrastructure. The Firm seeks growth opportunities with a specific interest in next generation networks, the cloud, and the Internet of Things. Digital Alpha was founded in 2017 and is based in Henderson, Nevada.


DEAL STATS #
Overall 11 of 15
Sector (Communications) 1 of 1
Type (Growth Capital) 2 of 4
State (Utah) 1 of 1
Country (United States) 9 of 13
Year (2021) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-10 CIMCON Lighting

Burlington, Massachusetts, United States

CIMCON Lighting is a provider of smart lighting and smart city technologies. CIMCON Lighting was founded in 2012 and is based in Burlington, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-29 Sharecare

Atlanta, Georgia, United States

Sharecare is a digital health company that helps people consolidate and manage various components of their health in one place, regardless of where they are on their health journey. Sharecare provides the messaging, motivation, management, and measurement tools to help individuals, workforces, and communities optimize their comprehensive well-being. Sharecare was founded in 2010 and is based in Atlanta, Georgia.

Sell -