M&A Deal Summary

Nuvera Acquires Hutchinson Telephone

On January 11, 2008, Nuvera acquired communications company Hutchinson Telephone

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

M&A Deal Summary
Date 2008-01-11
Target Hutchinson Telephone
Sector Communications
Buyer(s) Nuvera
Deal Type Add-on Acquisition
Advisor(s) Stifel, Nicolaus & Co., Inc. (Financial)
Stinson (Legal)

Target

Hutchinson Telephone

Hutchinson, Minnesota, United States
Hutchinson Telephone Co. is a provider of telecommunications services.

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Buyer(S) 1

Buyer

Nuvera

New Ulm, Minnesota, United States
Category Company
Founded 1905
Sector Communications
Employees214
Revenue 66M USD (2023)
DESCRIPTION

Nuvera is a telecommunication company that provides communication solutions for both homes and businesses. Nuvera was founded in 1905 and is based in New Ulm, Minnesota.

DEAL STATS #
Overall 1 of 2
Sector (Communications) 1 of 2
Type (Add-on Acquisition) 1 of 1
State (Minnesota) 1 of 2
Country (United States) 1 of 2
Year (2008) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-23 Scott-Rice Telephone

Prior Lake, Minnesota, United States

Scott-Rice Telephone Co. is a provider of phone, video and internet services with over 18,000 connections. Scott-Rice Telephone Co. was established in 1998 and is based in Prior Lake, Minnesota.

Buy $42M
Mergr

Product

Company

Legal