M&A Deal Summary

EarthLink Acquires Nextera Communications

On October 1, 2024, EarthLink acquired communications company Nextera Communications

Acquisition Highlights
  • This is EarthLink’s 8th transaction in the Communications sector.
  • This is EarthLink’s 22nd transaction in the United States.
  • This is EarthLink’s 1st transaction in Minnesota.

M&A Deal Summary

Date 2024-10-01
Target Nextera Communications
Sector Communications
Buyer(s) EarthLink
Deal Type Add-on Acquisition

Target

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.

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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 22 of 22
Sector (Communications) 8 of 8
Type (Add-on Acquisition) 19 of 19
State (Minnesota) 1 of 1
Country (United States) 22 of 22
Year (2024) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-02 BroadAspect - Fiber-Optic & Fixed Wireless Network

Sterling, Virginia, United States

BroadAspect's Fiber-Optic & Fixed Wireless Network provides connectivity services.

Buy -