M&A Deal Summary

Everstream Acquires Uniti Group - Fiber Network Assets

On November 10, 2020, Everstream acquired communications company Uniti Group - Fiber Network Assets from Uniti Group

Acquisition Highlights
  • This is Everstream’s 6th transaction in the Communications sector.
  • This is Everstream’s 6th transaction in the United States.
  • This is Everstream’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2020-11-10
Target Uniti Group - Fiber Network Assets
Sector Communications
Buyer(s) Everstream
Sellers(s) Uniti Group
Deal Type Divestiture

Target

Uniti Group - Fiber Network Assets

Philadelphia, Pennsylvania, United States
Uniti Group's Fiber Network Assets provides dedicated internet access, dark fiber, Ethernet, and data center solutions.

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Buyer(S) 1

Buyer

Everstream

Cleveland, Ohio, United States
Category Company
Founded 2012
Sector Communications
DESCRIPTION

Everstream is a super-regional network service provider bringing fiber-based Ethernet, internet and data center solutions to businesses throughout the Midwest. We are the Business Fiber Network. We focus on delivering best-in-class network solutions while providing an unrivaled commitment to customer service. With more than 10,000 route miles and comprehensive data center connectivity at 100 Gigabit speed, we provide the fastest network in our service areas. Everstream’s network allows businesses to operate a converged IP network capable of delivering robust voice, video, and data services at speeds from 10 Mbps to 100 Gbps. Everstream was founded in 2012 and is based in Cleveland, Ohio.

DEAL STATS #
Overall 6 of 6
Sector (Communications) 6 of 6
Type (Divestiture) 2 of 2
State (Pennsylvania) 1 of 1
Country (United States) 6 of 6
Year (2020) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-26 Rocket Fiber

Detroit, Michigan, United States

Rocket Fiber LLC is a Michigan-based company that delivers multi-gigabit internet and connectivity solutions for businesses and residences. Rocket Fiber's core mission is to transform the way clients create, collaborate and communicate. Rocket Fiber's portfolio of services includes managed network services, data, and cloud, voice, and dedicated internet, all of which are backed by award-winning, white-glove client service, and a state-of-the-art 24/7/365 Network Operations Center.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-01 Everstream - All-Fiber Network

St. Louis, Missouri, United States

Everstream's All-Fiber Network delivers a business-only fiber network with the speed, reliability, scale, and performance that today's enterprises demand. Everstream's All-Fiber Network is based in St. Louis, Missouri.

Sell -

Seller(S) 1

SELLER

Uniti Group

Little Rock, Arizona, United States
Category Company
Sector Real Estate
Employees813
Revenue 1.2B USD (2023)
DESCRIPTION
Uniti's headquarters in Little Rock, Arkansas.
Uniti's headquarters in Little Rock, Arkansas.

Uniti Group is a real estate investment trust engaged in the acquisition and construction of mission-critical infrastructure in the communications industry. Uniti Group is based in Little Rock, Arizona.

DEAL STATS #
Overall 2 of 2
Sector (Communications) 1 of 1
Type (Divestiture) 2 of 2
State (Pennsylvania) 1 of 1
Country (United States) 2 of 2
Year (2020) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-02 Harmoni Towers

Little Rock, Arkansas, United States

Harmoni Towers owns, operates, and builds mission-critical communications infrastructure. The company focuses on the acquisition and construction of communication networks and works with customers in a wide variety of situations, including monetizing existing assets and new site development. Harmoni Towers is based in Little Rock, Arkansas.

Sell -
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