M&A Deal Summary

FirstLight Fiber Acquires DFT Communications - Fiber Assets

On June 1, 2020, FirstLight Fiber acquired communications company DFT Communications - Fiber Assets from DFT Communications

Acquisition Highlights
  • This is FirstLight Fiber’s 7th transaction in the Communications sector.
  • This is FirstLight Fiber’s 10th transaction in the United States.
  • This is FirstLight Fiber’s 4th transaction in New York.

M&A Deal Summary

Date 2020-06-01
Target DFT Communications - Fiber Assets
Sector Communications
Buyer(s) FirstLight Fiber
Sellers(s) DFT Communications
Deal Type Divestiture

Target

DFT Communications - Fiber Assets

New York, United States
DFT Communications - Fiber Assets involves a fiber route that runs from Hamburg to Jamestown, It provides a third, unique route from Buffalo, New York, and bulk communications services.

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Buyer(S) 1

Buyer

FirstLight Fiber

Albany, New York, United States

Category Company
Founded 1999
Sector Communications
DESCRIPTION

FirstLight Fiber is a provider of fiber-optic data, Internet, data center and voice services to enterprise and carrier customers in New York and Northern New England with connectivity to Canada connecting in excess of 2,000 locations in service with an additional 14,000 locations serviceable by our 260,000 fiber mile network. FirstLight offers a robust suite of advanced telecommunications products featuring a comprehensive portfolio of high bandwidth connectivity solutions including Ethernet, wavelengths and dark fiber as well as dedicated Internet access solutions, data center services, and voice services such as SIP trunks, virtual PBX, and traditional TDM solutions. FirstLight Fiber was founded in 1999 and is based in Albany, New York.


DEAL STATS #
Overall 10 of 13
Sector: Communications M&A 7 of 9
Type: Divestiture M&A Deals 1 of 1
State: New York M&A 4 of 6
Country: United States M&A 10 of 13
Year: 2020 M&A 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-11 PrimeLink

Plattsburgh, New York, United States

PrimeLink is a provider of voice and data services to residential and business customers. PrimeLink carved its niche in the North Country; specializing in business communication solutions and catering to delivering voice and data services to small and mid-size businesses.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-03 BestWeb

Croton-On-Hudson, New York, United States

BestWeb Corp. is a provider of Internet, data, and telephone services. BestWeb is based in Croton-On-Hudson, New York.

Buy -

Seller(S) 1

SELLER

DFT Communications

Fredonia, New York, United States

Category Company
Founded 1898
Sector Communications
DESCRIPTION

DFT Communications is a premier service provider that offers residential and business internet services, digital phone service, business telephone systems, security systems, IT management services and wireless communications. Additionally, the family of services includes computer sales, service & repair. DFT was formed in 1898 and is based in Fredonia, New York.


DEAL STATS #
Overall 1 of 1
Sector: Communications M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1