M&A Deal Summary |
|
|---|---|
| Date | 2025-09-02 |
| Target | USI |
| Sector | Information Technology |
| Buyer(s) | Metronet Fiber |
| Sellers(s) | Convergent Capital Partners |
| Deal Type | Add-on Acquisition |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 2005 |
| Sector | Communications |
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 | 5 of 5 |
| Sector: Information Technology M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 4 of 4 |
| State: Minnesota M&A | 3 of 3 |
| Country: United States M&A | 5 of 5 |
| Year: 2025 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-01-27 |
Vexus
Lubbock, Texas, United States Vexus is a provider of high-speed broadband services, including internet access, digital TV and other services to residential and business customers in northern Texas and southeastern Louisiana. Vexus was founded in 1981 and is based in Lubbock, Texas. |
Buy | - |
| Category | Growth Capital Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 400M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Convergent Capital is a private investment firm that provides growth and debenture financing to late-stage growth companies. Convergent prefers to commit $3 to $12 million per transaction in businesses with at least $10 million in revenues. Convergent is a generalist investor and will consider businesses in a wide range of industries. Investment funds are typically used to assist growth, but the firm can also structure investments around buyouts, recapitalizations, consolidations, and add-on acquisitions. Convergent is licensed as a SBIC. Convergent Capital was formed in 1999 and is based in Minneapolis, Minnesota.
| DEAL STATS | # |
|---|---|
| Overall | 43 of 44 |
| Sector: Information Technology M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 14 of 14 |
| State: Minnesota M&A | 10 of 10 |
| Country: United States M&A | 43 of 44 |
| Year: 2025 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-11-16 |
DataPath
Duluth, Georgia, United States DataPath is a designer, integrates, manages and deploys satellite communication systems for military and commercial customers. Solutions include multi-band SATCOM terminals, network control software to manage and control communication networks, and global field support services. DataPath was established in 1982 and is based in Duluth, Georgia. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-12-04 |
Reel Power International
Oklahoma City, Oklahoma, United States Reel Power International supplies industrial- and energy-sector equipment for reeling, spooling, coiling, and winding flexible materials such as cable, wire, hose, tubing, and pipe. The Company’s offerings include both standard and custom machines (take-up/pay-out units, turntables, spooling machines, coiling systems, trailers, winches, and specialized equipment for marine/offshore, oil & gas, cable & fiber-optic, and manufacturing industries). Reel Power provides design, engineering, manufacturing as well as field support and consulting aiming to improve safety, efficiency, and reduce operational risk and downtime for clients. Reel Power International was formed in 1948 and is based in Oklahoma City, Oklahoma. |
Sell | - |
