M&A Deal Summary

Rise Broadband Acquires Yondoo Broadband

On November 6, 2024, Rise Broadband acquired communications company Yondoo Broadband from MidAtlantic Broadband

Acquisition Highlights
  • This is Rise Broadband’s 1st transaction in the Communications sector.
  • This is Rise Broadband’s 2nd transaction in the United States.
  • This is Rise Broadband’s 1st transaction in Maryland.

M&A Deal Summary

Date 2024-11-06
Target Yondoo Broadband
Sector Communications
Buyer(s) Rise Broadband
Sellers(s) MidAtlantic Broadband
Deal Type Divestiture

Target

Yondoo Broadband

Baltimore, Maryland, United States
Yondoo Broadband business offers communication services. Yondoo Broadband is based in Baltimore, Maryland.

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Buyer(S) 1

Buyer

Rise Broadband

Englewood, Colorado, United States

Category Company
Sector Communications
DESCRIPTION

Rise Broadband is a provider of fiber-to-the-home and fixed wireless broadband services across 16 states. It is dedicated to providing reliable high-speed internet and connecting communities one customer at a time. Rise Broadband is based in Englewood, Colorado.


DEAL STATS #
Overall 2 of 2
Sector (Communications) 1 of 1
Type (Divestiture) 2 of 2
State (Maryland) 1 of 1
Country (United States) 2 of 2
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-09 Boise and Twin Falls Internet Operations/Digis

United States

Buy -

Seller(S) 1

SELLER

MidAtlantic Broadband

Baltimore, Maryland, United States

Category Company
Sector Communications
DESCRIPTION

MidAtlanticBroadband is a niche facilities-based telecommunications company that provides telephone, high-speed data communications and internet access to small and medium-sized businesses as well as residences located in areas that have been underserved by other telecommunications service companies.


DEAL STATS #
Overall 1 of 1
Sector (Communications) 1 of 1
Type (Divestiture) 1 of 1
State (Maryland) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1