M&A Deal Summary

RTA Acquires Blue Ridge Fiber

On January 26, 2024, RTA acquired communications company Blue Ridge Fiber

Acquisition Highlights
  • This is RTA’s 3rd transaction in the Communications sector.
  • This is RTA’s 3rd transaction in the United States.
  • This is RTA’s 2nd transaction in Texas.

M&A Deal Summary

Date 2024-01-26
Target Blue Ridge Fiber
Sector Communications
Buyer(s) RTA
Deal Type Add-on Acquisition

Target

Blue Ridge Fiber

Midland, Texas, United States
Blue Ridge Fiber is a Fiber To The Home (FTTH) strategy in the local area to provide affordable and reliable gigFAST internet. Blue Ridge Fiber is based in Midland, Texas.

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Buyer(S) 1

Buyer

RTA

Houston, Texas, United States

Category Company
Founded 2018
Sector Communications
DESCRIPTION

RTA provides affordable modern gigFAST internet solutions for rural America. RTA is committed to narrow the digital divide between urban and rural America, building economic and social prosperity, and promoting rural America is open for business. RTA was founded in 2018 and is based in Houston, Texas.


DEAL STATS #
Overall 3 of 3
Sector: Communications M&A 3 of 3
Type: Add-on Acquisition M&A Deals 3 of 3
State: Texas M&A 2 of 2
Country: United States M&A 3 of 3
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-22 SCT Broadband

Smithville, Texas, United States

SCT Broadband is a local broadband company that provides affordable gigFAST INTERNET and services to their local communities. SCT Broadband is based in Smithville, Texas.

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