M&A Deal Summary |
|
---|---|
Date | 2018-02-23 |
Target | Scott-Rice Telephone |
Sector | Communications |
Buyer(s) | Nuvera |
Sellers(s) | Allstream |
Deal Type | Divestiture |
Deal Value | 42M USD |
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Category | Company |
---|---|
Founded | 1905 |
Sector | Communications |
Employees | 214 |
Revenue | 66M USD (2023) |
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 | 2 of 2 |
Sector (Communications) | 2 of 2 |
Type (Divestiture) | 1 of 1 |
State (Minnesota) | 2 of 2 |
Country (United States) | 2 of 2 |
Year (2018) | 1 of 1 |
Size (of disclosed) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2008-01-11 |
Hutchinson Telephone
Hutchinson, Minnesota, United States Hutchinson Telephone Co. is a provider of telecommunications services. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2023-01-12 |
FiberComm
Sioux City, Iowa, United States FiberComm utilizes state-of-the-art technology for all of its services. The company's network is based on fiber optics technology in combination with traditional copper facilities and licensed true non-line-of-site wireless broadband. In addition, It is constantly researching emerging technologies such as VoIP (Voice over Internet Protocol), IPTV (Internet Protocol Television), just to name a few, in order to stay on the leading edge of the telecommunications industry. FiberComm was forme din 1997 and is based in Sioux City, Iowa. |
Sell | - |
Category | Company |
---|---|
Founded | 1980 |
Sector | Communications |
Employees | 3,488 |
Revenue | 600M CAD (2014) |
Allstream is a provider of IP communications and the only national provider that works exclusively with business customers. Supported by its more than 30,000-kilometre nationwide high-performance fibre-optic network, Allstream’s communications technologies and services include a range of innovative, highly-scalable IP, Cloud and Security solutions that help organizations communicate more efficiently and profitably.
DEAL STATS | # |
---|---|
Overall | 1 of 1 |
Sector (Communications) | 1 of 1 |
Type (Divestiture) | 1 of 1 |
State (Minnesota) | 1 of 1 |
Country (United States) | 1 of 1 |
Year (2018) | 1 of 1 |
Size (of disclosed) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2016-11-30 |
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 | - |