M&A Deal Summary

MBI Acquires Northland Communications

On August 29, 2018, MBI acquired communications company Northland Communications

Acquisition Highlights
  • This is MBI’s 1st transaction in the Communications sector.
  • This is MBI’s 1st transaction in the United States.
  • This is MBI’s 1st transaction in Washington.

M&A Deal Summary
Date 2018-08-29
Target Northland Communications
Sector Communications
Buyer(s) MBI
Deal Type Add-on Acquisition
Advisor(s) Perkins Coie (Legal)

Target

Northland Communications

Seattle, Washington, United States
Northland Communications Corp. is a provider of communications services. Northland owns and operates smaller-market cable systems in Alabama, California, Georgia, Idaho, North Carolina, South Carolina, Texas and Washington. Headquartered in Seattle, Washington, Northland offers high-speed Internet, digital and high definition television, and voice services to individuals and businesses.

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Buyer(S) 1

Buyer

MBI

Chicago, Illinois, United States
Category Company
Sector Communications
DESCRIPTION

MBI acquires and invests in rural-focused broadband assets serving residential and commercial customers in small- to middle-sized markets and rural geographies as part of a strategy to build a market-leading company in the space. MBI is based in Chicago, Illinois.

DEAL STATS #
Overall 1 of 3
Sector (Communications) 1 of 3
Type (Add-on Acquisition) 1 of 3
State (Washington) 1 of 1
Country (United States) 1 of 3
Year (2018) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-30 Vyve Broadband

Purchase, New York, United States

Vyve Broadband is a broadband platform focused on non-urban markets in Oklahoma, Kansas, Texas, and Arkansas.

Buy -
Mergr

Product

Company

Legal