Add-on Acquisition • Communications

NKTelco Acquires Hometown Cable

On August 8, 2023, NKTelco acquired communications company Hometown Cable

Acquisition Context

This is NKTelco’s 1st transaction in the Communications sector.
This is NKTelco’s 1st transaction in the United States.
This is NKTelco’s 1st transaction in Ohio.

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M&A Deal Summary
Date	August 8, 2023
Target	Hometown Cable
Sector	Communications
Buyer(s)	NKTelco
Deal Type	Add-on Acquisition
Advisor(s)	True North Strategic Advisors (Financial)

Target Company

Hometown Cable

Coldwater, Ohio, United States

Hometown Cable is a telecommunications service provider that offers broadband internet, phone, video, and data services to residential and business customers. Hometown Cable was founded in 2005 and is based in Coldwater, Ohio.

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Buyer Overview 1

Buyer

NKTelco

New Knoxville, Ohio, United States

Category	Company
Founded	1905
Sector	Communications

DESCRIPTION

NKTelco is a broadband communications company, that provides video and data (i.e. Cable TV and Internet) services to its customers. This unique blend of companies allows us to offer Digital Voice, Cable TV, and High-Speed Internet services and serve our surrounding communities. NKTelco was founded in 1905 and is based in New Knoxville, Ohio.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Communications	1 of 1
Type: Add-on Acquisition	1 of 1
State: Ohio	1 of 1
Country: United States	1 of 1
Year: 2023	1 of 1

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