M&A Deal Summary

Segra Acquires Everstream - All-Fiber Network

On October 1, 2024, Segra acquired communications company Everstream - All-Fiber Network from Everstream

Acquisition Highlights
  • This is Segra’s 4th transaction in the Communications sector.
  • This is Segra’s 5th transaction in the United States.
  • This is Segra’s 1st transaction in Missouri.

M&A Deal Summary

Date 2024-10-01
Target Everstream - All-Fiber Network
Sector Communications
Buyer(s) Segra
Sellers(s) Everstream
Deal Type Divestiture

Target

Everstream - All-Fiber Network

St. Louis, Missouri, United States
Everstream's All-Fiber Network delivers a business-only fiber network with the speed, reliability, scale, and performance that today's enterprises demand. Everstream's All-Fiber Network is based in St. Louis, Missouri.

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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 5 of 5
Sector (Communications) 4 of 4
Type (Divestiture) 1 of 1
State (Missouri) 1 of 1
Country (United States) 5 of 5
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-27 Segra - Commercial Enterprise & Carrier Business

Waynesboro, Virginia, United States

Segra's Commercial Enterprise & Carrier Business fiber-based provider serving commercial enterprise and carrier customers in nine states in the Mid-Atlantic and Southeast. The company's dense metropolitan fiber network provides enhanced technology solutions and a commitment to a superior customer experience.

Sell -

Seller(S) 1

SELLER

Everstream

Cleveland, Ohio, United States

Category Company
Founded 2012
Sector Communications
DESCRIPTION

Everstream is a super-regional network service provider bringing fiber-based Ethernet, internet and data center solutions to businesses throughout the Midwest. We are the Business Fiber Network. We focus on delivering best-in-class network solutions while providing an unrivaled commitment to customer service. With more than 10,000 route miles and comprehensive data center connectivity at 100 Gigabit speed, we provide the fastest network in our service areas. Everstream’s network allows businesses to operate a converged IP network capable of delivering robust voice, video, and data services at speeds from 10 Mbps to 100 Gbps. Everstream was founded in 2012 and is based in Cleveland, Ohio.


DEAL STATS #
Overall 1 of 1
Sector (Communications) 1 of 1
Type (Divestiture) 1 of 1
State (Missouri) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-10 Uniti Group - Fiber Network Assets

Philadelphia, Pennsylvania, United States

Uniti Group's Fiber Network Assets provides dedicated internet access, dark fiber, Ethernet, and data center solutions.

Buy -