1. Home >
  2. M&A >
  3. Add-on Acquisition >
  4. United States >
  5. North Carolina >
  6. GTT Acquires Access Point

M&A Deal Summary

GTT Acquires Access Point

On October 1, 2018, GTT acquired communications company Access Point for 40M USD

Acquisition Highlights
  • This is GTT’s 11th transaction in the Communications sector.
  • This is GTT’s 9th largest (disclosed) transaction.
  • This is GTT’s 10th transaction in the United States.
  • This is GTT’s 1st transaction in North Carolina.

M&A Deal Summary
Date 2018-10-01
Target Access Point
Sector Communications
Buyer(s) GTT
Deal Type Add-on Acquisition
Deal Value 40M USD
Advisor(s) Citizens Capital Markets (Financial)

Target

Access Point

Cary, North Carolina, United States
Access Point is a provider of integrated telecommunications solutions. Access Point offers traditional voice and data services to edge IP-based solutions. Access Point was founded in 1996 and is based in Cary, North Carolina.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

GTT

McLean, Virginia, United States
Category Company
Founded 2005
Sector Communications
Employees3,100
Revenue 1.7B USD (2019)
DESCRIPTION

GTT is a global telecommunications carrier and network integrator serving the data communications needs of large enterprise, government and carrier clients. GTT was founded in 2005 and is based in McLean, Virginia.

DEAL STATS #
Overall 13 of 14
Sector: Communications M&A 11 of 12
Type: Add-on Acquisition M&A Deals 11 of 11
State: North Carolina M&A 1 of 1
Country: United States M&A 10 of 10
Year: 2018 M&A 4 of 4
Size (of disclosed) 9 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-12 Accelerated Connections

Toronto, Ontario, Canada

Accelerated Connections, Inc. is a provider of managed networking, voice-over-IP (VoIP) and colocation services, serving large distributed Canadian enterprises. Accelerated Connections is based in Toronto, Ontario.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-08 KPN International

The Hague, Netherlands

KPN International is a telecommunications and IT provider, serving both Dutch and International customers with its connectivity and value-added services. KPN International offers its services to small-, medium-, and large-size business customers and Wholesales customers worldwide.

Buy €50M
Mergr

Solution for

Product

Company

Legal