M&A Deal Summary

Hargray Communications Group Acquires USA Communications - Alabama Assets

On January 15, 2019, Hargray Communications Group acquired communications company USA Communications - Alabama Assets from USA Communications

Acquisition Highlights
  • This is Hargray Communications Group’s 2nd transaction in the Communications sector.
  • This is Hargray Communications Group’s 3rd transaction in the United States.
  • This is Hargray Communications Group’s 1st transaction in Alabama.

M&A Deal Summary
Date 2019-01-15
Target USA Communications - Alabama Assets
Sector Communications
Buyer(s) Hargray Communications Group
Sellers(s) USA Communications
Deal Type Divestiture

Target

USA Communications - Alabama Assets

Pell City, Alabama, United States
USA Communications' Alabama Assets is an incumbent cable provider. USA Communications' Alabama Assets is based in Pell City, Alabama.

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Buyer(S) 1

Buyer

Hargray Communications Group

Hilton Head, South Carolina, United States
Category Company
Founded 1949
Sector Communications
DESCRIPTION

Hargray Communications Group, Inc. is a telecommunications provider serving southeastern South Carolina and northeastern Georgia. The company's operations include traditional telephone carrier services, internet services, cable television, wireless telephone, and a telephone directory publishing operation. Hargray Communications Group was founded in 1949 and is based in Hilton Head, South Carolina.

DEAL STATS #
Overall 3 of 7
Sector (Communications) 2 of 5
Type (Divestiture) 1 of 1
State (Alabama) 1 of 1
Country (United States) 3 of 7
Year (2019) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-15 ComSouth Telecommunications

Hawkinsville, Georgia, United States

ComSouth Telecommunications, Inc. is an integrated telecommunications company serving the cities of Hawkinsville, Perry, Fort Valley, Cochran, Unadilla, Pinehurst, Marshallville, Kathleen, Bonaire and Warner Robins.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-30 Dark Fiber Systems

Jacksonville, Florida, United States

Dark Fiber Systems, Inc. is a dark fiber provider. Dark Fiber Systems was founded in 1997 and is based in Jacksonville, Florida.

Buy -

Seller(S) 1

SELLER

USA Communications

Kearney, Nebraska, United States
Category Company
Founded 1995
Sector Communications
DESCRIPTION

USA Communications is a communications network provider that offers an array of services, including high-speed Internet access, phone service using digital VOIP, and high definition cable tv programming. USA Communications was formed in 1995 and is based in Kearney, Nebraska.

DEAL STATS #
Overall 1 of 1
Sector (Communications) 1 of 1
Type (Divestiture) 1 of 1
State (Alabama) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1
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