Add-on Acquisition • Communications

Neutral Connect Networks Acquires XG Communities

On July 6, 2017, Neutral Connect Networks acquired communications company XG Communities

Acquisition Context
  • This is Neutral Connect Networks’ 2nd transaction in the Communications sector.
  • This is Neutral Connect Networks’ 2nd transaction in the United States.
  • This is Neutral Connect Networks’ 1st transaction in California.

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M&A Deal Summary

Date July 6, 2017
Target XG Communities
Sector Communications
Buyer(s) Neutral Connect Networks
Deal Type Add-on Acquisition

Target Company

XG Communities

Irvine, California, United States
XG Communities LLC (dba 5 Bars Communities) is a neutral host distributed antenna system (DAS) operator. 5 Bars Communities was established in 2013 and is headquartered in Irvine, California.
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Buyer Overview 1

Buyer

Neutral Connect Networks

West Palm Beach, Florida, United States

Category Company
Founded 2011
Sector Communications
DESCRIPTION

Neutral Connect Networks is an independent owner and operator of wireless communications infrastructure. Neutral Connect Networks primary focus is building and operating multi-carrier neutral host DAS and small cell networks in venues and buildings throughout North America. Neutral Connect Networks was established in 2011 and is headquartered in West Palm Beach, Florida.


Deal Context for Buyer #
Overall 2 of 2
Sector: Communications 2 of 2
Type: Add-on Acquisition 2 of 2
State: California 1 of 1
Country: United States 2 of 2
Year: 2017 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-06 DAS Communications

United States

DAS Communications is a provider of multiple wireless networks at strategic venues in Boston and New York. DAS Communications was established in 2007.

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