M&A Deal Summary

Linx Partners Acquires Clear Rate

On October 7, 2021, private equity firm Linx Partners acquired communications company Clear Rate

Acquisition Highlights
  • This is Linx Partners’ 1st transaction in the Communications sector.
  • This is Linx Partners’ 16th transaction in the United States.
  • This is Linx Partners’ 1st transaction in Michigan.

M&A Deal Summary
Date 2021-10-07
Target Clear Rate
Sector Communications
Buyer(s) Linx Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

Clear Rate

Troy, Michigan, United States
Clear Rate provides enterprises and consumers with a wide array of telecommunications solutions in over 20 states. The Company’s enterprise-focused services include fiber internet, hosted phone systems, cloud servers, managed IT, and additional services. It has developed a reputation for both white glove and reliable service while continuing to develop advanced solutions in the ever-evolving telecom industry. Clear Rate was formed in 2001 and is based in Troy, Michigan.

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Buyer(S) 1

Buyer

Linx Partners

Atlanta, Georgia, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1999
PE ASSETS 221M USD
Size Small
Type Sector Agnostic
DESCRIPTION

LINX Partners is a private equity firm focused on investments in light industrial manufacturing, industrial services, and specialty distribution companies. The Firm generally partners with family owners, entrepreneurs, and management to acquire and grow companies. Target businesses typically have revenues between $20 and $100 million and have 'a high service, branding component' with low capital expenditures. LINX Partners was formed in 1999 and has offices in Scarsdale, New York and Atlanta, Georgia.

DEAL STATS #
Overall 16 of 16
Sector (Communications) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 10 of 10
State (Michigan) 1 of 1
Country (United States) 16 of 16
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-18 Metaltech Service Center

Houston, Texas, United States

Metaltech Service Center, Inc. is a provider of customized metal cutting and distribution services to industrial manufacturers, diversified energy companies, fabricators, machining centers, and repair companies. Metaltech Service Center was founded in 1993 and is based in Houston, Texas.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-07 Gullett

Houston, Texas, United States

Gullett is a provider of pipeline surveying, right of way, drafting, GIS, and 3D scanning services to the terminals industry. Gullett was established in 1972 and is headquartered in Houston, Texas.

Sell -
Mergr

Product

Company

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