M&A Deal Summary |
|
|---|---|
| Date | 2016-11-09 |
| Target | Hibernia Networks |
| Sector | Communications |
| Buyer(s) | GTT |
| Deal Type | Add-on Acquisition |
| Deal Value | 590M USD |
| Advisor(s) | Bank Street (Financial) |
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| Category | Company |
|---|---|
| Founded | 2005 |
| Sector | Communications |
| Employees | 3,100 |
| Revenue | 1.7B USD (2019) |
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 | 6 of 14 |
| Sector: Communications M&A | 5 of 12 |
| Type: Add-on Acquisition M&A Deals | 4 of 11 |
| State: New Jersey M&A | 1 of 1 |
| Country: United States M&A | 6 of 10 |
| Year: 2016 M&A | 2 of 2 |
| Size (of disclosed) | 2 of 12 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-02-08 |
Telnes Broadband
Everett, Washington, United States Telnes Broadband is a privately held internet & managed network services provider. |
Buy | $18M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-06-20 |
Perseus
New York, New York, United States Perseus is a provider of managed services for high-precision, high-speed, high-performance applications. With clients spanning the Financial, Media, eCommerce and iGaming sectors, Perseus offers a fully-managed suite of services across the trade lifecycle as well as many of the world’s fastest Market-to-Market routes. |
Buy | $38M |