M&A Deal Summary

DirecPath Acquires Biltmore Communications

On November 6, 2007, DirecPath acquired communications company Biltmore Communications

Acquisition Highlights
  • This is DirecPath’s 1st transaction in the Communications sector.
  • This is DirecPath’s 2nd transaction in the United States.
  • This is DirecPath’s 2nd transaction in Georgia.

M&A Deal Summary

Date 2007-11-06
Target Biltmore Communications
Sector Communications
Buyer(s) DirecPath
Deal Type Add-on Acquisition

Target

Biltmore Communications

Atlanta, Georgia, United States
Biltmore Communications, Inc. is a provider of a digital services in the United States.

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Buyer(S) 1

Buyer

DirecPath

Atlanta, Georgia, United States

Category Company
Founded 2006
Sector Communications
DESCRIPTION

DirecPath provides broadband Internet, VoIP, and DIRECTV to residents living in multifamily communities. DirecPath is a private cable operator is to provide customers living in multiple dwelling units (MDUs) with a triple play of video, voice and broadband data services on par with or better than? what is offered to customers living in single-family homes, and clearly superior to what is typically offered to MDU residents. DirecPath was formed in 2006 and is based in Atlanta, Georgia.


DEAL STATS #
Overall 2 of 2
Sector: Communications M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Georgia M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2007 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-10-31 Apartment MediaWorks

Alpharetta, Georgia, United States

Apartment MediaWorks, LLC - provides private cable television service to residents of multi-dwelling units in the Southeastern United States.

Buy -