M&A Deal Summary

SDC Capital Partners Acquires Cityside Fiber

On February 23, 2023, private equity firm SDC Capital Partners acquired communications company Cityside Fiber

Acquisition Highlights
  • This is SDC Capital Partners’ 7th transaction in the Communications sector.
  • This is SDC Capital Partners’ 8th transaction in the United States.
  • This is SDC Capital Partners’ 3rd transaction in California.

M&A Deal Summary
Date 2023-02-23
Target Cityside Fiber
Sector Communications
Buyer(s) SDC Capital Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

Cityside Fiber

Irvine, California, United States
Cityside Fiber design, construct and operate citywide networks that transform communities into digital cities of the future. Cityside Fiber focus is on upgrading the customer experience for all of our users and providing best in class products and service. Cityside Fiber was founded in 2021 and is based in Irvine, California.

Search 202,137 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

SDC Capital Partners

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2017
PE ASSETS 400M USD
Size Middle-Market
Type Sector Focused
DESCRIPTION

SDC Capital Partners is an operationally oriented private investment firm focused on the IT and communications sectors. Specific areas of interest include data centers, fiber/networks, wireless infrastructure, and managed IT/cloud services. The Firm looks to commit $50 to $500 million per transaction and generally pursues platform businesses where it can pursue growth opportunities. SDC Capital Partners was established in 2017 and is headquartered in New York City.

DEAL STATS #
Overall 9 of 9
Sector (Communications) 7 of 7
Type (Buyout (LBO, MBO, MBI)) 4 of 4
State (California) 3 of 3
Country (United States) 8 of 8
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-03 Smartaira

Gardena, California, United States

Smartaira is a national, independent internet service provider specializing in smarter internet and entertainment solutions for property owners and managers. The company's bulk and retail broadband solutions focus on maximizing resident satisfaction and increasing property values. Its flagship managed service, Smartaira 360, provides seamless, community-wide internet connectivity with symmetrical, gigabit speeds, enterprise security, and unlimited data. Smartaira was founded in 1972 and is based in Gardena, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-31 Fatbeam

Coeur d’Alene, Idaho, United States

Fatbeam is a provider of reliable fiber-based network solutions to enterprise, healthcare, government, and education customers looking to accelerate their growth in the Western US. Fatbeam’s extensive network footprint spans over 45,000 fiber miles, primarily in population-dense metropolitan areas within Arizona, Idaho, Montana, Nevada, Oregon, Washington, and Wyoming. Fatbeam was founded in 2010 and is based in Coeur d’Alene, Idaho.

Sell -
Mergr

Product

Company

Legal