M&A Deal Summary

EarthLink Acquires BroadAspect - Fiber-Optic & Fixed Wireless Network

On April 2, 2024, EarthLink acquired communications company BroadAspect - Fiber-Optic & Fixed Wireless Network from BroadAspect

Acquisition Highlights
  • This is EarthLink’s 7th transaction in the Communications sector.
  • This is EarthLink’s 21st transaction in the United States.
  • This is EarthLink’s 2nd transaction in Virginia.

M&A Deal Summary
Date 2024-04-02
Target BroadAspect - Fiber-Optic & Fixed Wireless Network
Sector Communications
Buyer(s) EarthLink
Sellers(s) BroadAspect
Deal Type Divestiture

Target

BroadAspect - Fiber-Optic & Fixed Wireless Network

Sterling, Virginia, United States
BroadAspect's Fiber-Optic & Fixed Wireless Network provides connectivity services.

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Buyer(S) 1

Buyer

EarthLink

Atlanta, Georgia, United States
Category Company
Founded 1994
Sector Communications
Employees2,144
Revenue 1.1B USD (2015)
DESCRIPTION
Earthlink's headquarters in Atlanta, Georgia.
Earthlink's headquarters in Atlanta, Georgia.

EarthLink provides internet access, premium email, web hosting, and privacy and data security products and services throughout the United States. EarthLink also has key partner relationships with several of the industry’s largest providers, enabling the Company to offer products and connectivity services available to millions of households nationwide. EarthLink was formed in 1994 and is based in Atlanta, Georgia.

DEAL STATS #
Overall 21 of 22
Sector (Communications) 7 of 8
Type (Divestiture) 2 of 2
State (Virginia) 2 of 2
Country (United States) 21 of 22
Year (2024) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-20 QX.net

Lexington, Kentucky, United States

QX.net is a dedicated wireless internet network that has brought unique connectivity solutions, including internet, voice, data center, and SDWAN to businesses across industries. QX.net is based in Lexington, Kentucky.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-01 Nextera Communications

Baxter, Minnesota, United States

Nextera Communications is a provider of fixed wireless, voice, and data solutions in Minnesota. Nextera Communications is based in Baxter, Minnesota.

Buy -

Seller(S) 1

SELLER

BroadAspect

Sterling, Virginia, United States
Category Company
Founded 2001
Sector Communications
DESCRIPTION

BroadAspect is a cloud and network services provider delivering the full spectrum of cloud infrastructure, network and voice services. BroadAspect was founded in 2001 and is based in Sterling, Virginia.

DEAL STATS #
Overall 1 of 1
Sector (Communications) 1 of 1
Type (Divestiture) 1 of 1
State (Virginia) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
Mergr

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