M&A Deal Summary

Segra Acquires Clarity Communications Group

On November 9, 2016, Segra acquired communications company Clarity Communications Group

Acquisition Highlights
  • This is Segra’s 1st transaction in the Communications sector.
  • This is Segra’s 1st transaction in the United States.
  • This is Segra’s 1st transaction in North Carolina.

M&A Deal Summary

Date 2016-11-09
Target Clarity Communications Group
Sector Communications
Buyer(s) Segra
Deal Type Add-on Acquisition

Target

Clarity Communications Group

Raleigh, North Carolina, United States
Clarity Communications Group, Inc. is a provider in the design and sale of large bandwidth applications. Clarity Communications operates a 730 mile fiber network with 75 on-net locations located across four states in the south-eastern United States.

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Buyer(S) 1

Buyer

Segra

Charlotte, North Carolina, United States

Category Company
Sector Communications
Revenue 204M USD (2015)
DESCRIPTION

Segra is a provider of mission-critical connectivity solutions over a fiber-based network. Representing a successful combination of Lumos Networks and Spirit Communications. Segra provides Ethernet, MPLS, dark fiber, advanced data center services, IP and managed services, voice and cloud solutions, all backed by its industry-leading service and reliability. Segra is headquartered in Charlotte, North Carolina.


DEAL STATS #
Overall 1 of 5
Sector (Communications) 1 of 4
Type (Add-on Acquisition) 1 of 3
State (North Carolina) 1 of 3
Country (United States) 1 of 5
Year (2016) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-01 DC74 Data Centers

Charlotte, North Carolina, United States

DC74 Data Centers is a carrier neutral data centers specializing in colocation, disaster recovery, business continuity and private cloud solutions.

Buy -