M&A Deal Summary

Metronet Fiber Acquires LightSpeed Fiber Communications

On January 31, 2019, Metronet Fiber acquired communications company LightSpeed Fiber Communications

Acquisition Highlights
  • This is Metronet Fiber’s 1st transaction in the Communications sector.
  • This is Metronet Fiber’s 1st transaction in the United States.
  • This is Metronet Fiber’s 1st transaction in Michigan.

M&A Deal Summary
Date 2019-01-31
Target LightSpeed Fiber Communications
Sector Communications
Buyer(s) Metronet Fiber
Deal Type Add-on Acquisition

Target

LightSpeed Fiber Communications

Lansing, Michigan, United States
LightSpeed Fiber Communications is a fiber-optic internet company serving Lansing, Grand Rapids, Southfield, Huntington Woods, and Ypsilanti. LightSpeed Fiber Communications is based in Lansing, Michigan.

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Buyer(S) 1

Buyer

Metronet Fiber

Evansville, Indiana, United States
Category Company
Founded 2005
Sector Communications
DESCRIPTION

Metronet is a provider of fiber-optic internet, TV and phone service in more than 50 cities in Indiana, Illinois, and Kentucky. Metronet Fiber is providing cutting-edge fiber optic telecommunication services, including high-speed fiber internet, full-featured fiber phone, fiber IPTV with a wide variety of programming, and products. Metronet Fiber was founded in 2005 and is based in Evansville, Indiana.

DEAL STATS #
Overall 1 of 4
Sector (Communications) 1 of 4
Type (Add-on Acquisition) 1 of 3
State (Michigan) 1 of 1
Country (United States) 1 of 4
Year (2019) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-09 Jaguar Communication

Owatonna, Minnesota, United States

Jaguar Communication provides advanced telecommunications. Jaguar delivers voice, video, and broadband telecommunication services on a 2,000-mile fiber-optic network ring serving customers in 13 counties. Jaguar Communication was established in 1999 and is based in Owatonna, Minnesota.

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