M&A Deal Summary

FirstLight Fiber Acquires segTEL

On October 4, 2011, FirstLight Fiber acquired communications company segTEL

Acquisition Highlights
  • This is FirstLight Fiber’s 1st transaction in the Communications sector.
  • This is FirstLight Fiber’s 1st transaction in the United States.
  • This is FirstLight Fiber’s 1st transaction in New Hampshire.

M&A Deal Summary

Date 2011-10-04
Target segTEL
Sector Communications
Buyer(s) FirstLight Fiber
Deal Type Add-on Acquisition
Advisor(s) Q Advisors LLC (Financial)

Target

segTEL

Lebanon, New Hampshire, United States
segTEL, Inc. is a provider of fiber optic telecommunication services to carrier, wholesale, and large enterprise customers.

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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 1 of 13
Sector (Communications) 1 of 9
Type (Add-on Acquisition) 1 of 11
State (New Hampshire) 1 of 3
Country (United States) 1 of 13
Year (2011) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-27 G4 Communications

Manchester, New Hampshire, United States

G4 Communications Corp. is an internet service provider, offering broadband data and Internet solutions, telephony services and other telecommunications services.

Buy -