M&A Deal Summary

FirstLight Fiber Acquires Todd Cable Construction

On July 10, 2019, FirstLight Fiber acquired construction company Todd Cable Construction

Acquisition Highlights
  • This is FirstLight Fiber’s 1st transaction in the Construction sector.
  • This is FirstLight Fiber’s 7th transaction in the United States.
  • This is FirstLight Fiber’s 2nd transaction in New York.

M&A Deal Summary
Date 2019-07-10
Target Todd Cable Construction
Sector Construction
Buyer(s) FirstLight Fiber
Deal Type Add-on Acquisition

Target

Todd Cable Construction

Newport, New York, United States
Todd Cable Construction LLC is a full service Communication Construction Company supporting both wireline and wireless services. Todd Cable starts from the ground-up and cover from the pole throughout the underground and into the building, allowing us to offer full turnkey solutions. Todd Cable offer fiber optic installation/splicing, termination, testing, equipment installation and a host of other service including but not limited to: Horizontal Boring, Directional Drilling, Cable Plowing, Aerial Installations, Pole Line Installations, Conduit Systems and Repair, Rock Boring, Drilling, and Cutting. Todd Cable Construction LLC is based in Newport, New York.

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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 7 of 13
Sector (Construction) 1 of 1
Type (Add-on Acquisition) 6 of 11
State (New York) 2 of 6
Country (United States) 7 of 13
Year (2019) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-16 Maine Fiber

Portland, Maine, United States

Maine Fiber Co., LLC is an owns and operates an extensive high-capacity dark fiber network in the northeastern US. Maine Fiber was founded in 1999 and is based in Portland, Maine.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-10 ColoSpace

Rockland, Massachusetts, United States

ColoSpace, Inc. is a provider of colocation, managed IT services, cloud solutions, and disaster recovery services in New England. ColoSpace was founded in 1999 and is based in Rockland, Massachusetts.

Buy -
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