M&A Deal Summary

Q-Comm Acquires Norlight

On February 26, 2007, Q-Comm acquired information technology company Norlight from Journal Media Group for 185M USD

Acquisition Highlights
  • This is Q-Comm’s 1st transaction in the Information Technology sector.
  • This is Q-Comm’s largest (disclosed) transaction.
  • This is Q-Comm’s 1st transaction in the United States.
  • This is Q-Comm’s 1st transaction in Indiana.

M&A Deal Summary

Date 2007-02-26
Target Norlight
Sector Information Technology
Buyer(s) Q-Comm
Sellers(s) Journal Media Group
Deal Type Add-on Acquisition
Deal Value 185M USD

Target

Norlight

Evansville, Indiana, United States
Norlight, Inc. provides a full suite of voice, data and managed services primarily to business customers in Indiana, Kentucky, Tennessee and Wisconsin. Services offered include: local telephone service, long-distance services, digital voice services, Internet access, website design & development, web hosting, software & application development and hosting, custom-designed network solutions and fiber transport services.

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Buyer(S) 1

Buyer

Q-Comm

Evansville, Indiana, United States

Category Company
Sector Communications
DESCRIPTION

Q-Comm Corp. is a provider of long haul and metro lit fiber services to a diverse base of bandwidth intensive customers, including wireline carriers, wireless carriers, and the large enterprise, government, education and medical markets.


DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Indiana) 1 of 1
Country (United States) 1 of 1
Year (2007) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Journal Media Group

Milwaukee, Wisconsin, United States

Category Company
Founded 2014
Sector Media
DESCRIPTION

Journal Media Group, Inc. is a media company with print and digital publishing operations serving 14 U.S. markets in nine states, including the Milwaukee Journal Sentinel, the Naples Daily News.


DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Indiana) 1 of 1
Country (United States) 1 of 1
Year (2007) 1 of 1
Size (of disclosed) 1 of 1