M&A Deal Summary

Omni Fiber Acquires Ohio Telecom

On December 1, 2022, Omni Fiber acquired communications company Ohio Telecom

Acquisition Highlights
  • This is Omni Fiber’s 1st transaction in the Communications sector.
  • This is Omni Fiber’s 1st transaction in the United States.
  • This is Omni Fiber’s 1st transaction in Ohio.

M&A Deal Summary

Date 2022-12-01
Target Ohio Telecom
Sector Communications
Buyer(s) Omni Fiber
Deal Type Add-on Acquisition

Target

Ohio Telecom

Port Clinton, Ohio, United States
Ohio Telecom provides Internet, phone systems, and phone connectivity for residential and business customers. The company currently provides service for many of the largest businesses, government, medical, and financial institutions in Northwest Ohio. It primarily services the 419 area code, which includes Toledo, Bowling Green, Sandusky, Bryan, Fremont, Port Clinton, Maumee, Defiance, Ashland, Norwalk, Tiffin, and Napoleon. Ohio Telecom was formed in 2002 and is based in Port Clinton, Ohio.

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Buyer(S) 1

Buyer

Omni Fiber

Mason, Ohio, United States

Category Company
Founded 2022
Sector Communications
DESCRIPTION

Omni Fiber provides 100% fiber-optic broadband Internet, TV and phone services to residential and business customers in the Midwestern United States. Omni Fiber was founded in 2022 and is based in Mason, Ohio.


DEAL STATS #
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 (2022) 1 of 1