Divestiture • Communications

Simple Helix Acquires National Rural Telecommunications Cooperative - Data Center and Internet Connectivity Business

On February 8, 2021, Simple Helix acquired communications company National Rural Telecommunications Cooperative - Data Center and Internet Connectivity Business from National Rural Telecommunications Cooperative

Acquisition Context
  • This is Simple Helix’s 1st transaction in the Communications sector.
  • This is Simple Helix’s 1st transaction in the United States.
  • This is Simple Helix’s 1st transaction in Virginia.

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M&A Deal Summary

Date February 8, 2021
Target National Rural Telecommunications Cooperative - Data Center and Internet Connectivity Business
Sector Communications
Buyer(s) Simple Helix
Sellers(s) National Rural Telecommunications Cooperative
Deal Type Divestiture

Target Company

National Rural Telecommunications Cooperative - Data Center and Internet Connectivity Business

Herdon, Virginia, United States
National Rural Telecommunications Cooperative's Data Center and Internet Connectivity Business offer resilient communications to enterprise and telecommunications customers nationwide. National Rural Telecommunications Cooperative's Data Center and Internet Connectivity Business is based in Herdon, Virginia.
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Buyer Overview 1

Buyer

Simple Helix

Huntsville, Alabama, United States

Category Company
Founded 2007
Sector Information Technology
DESCRIPTION

Simple Helix LLC provides businesses with the data center, fiber connectivity and bandwidth, cloud, managed IT, and security services. We also offer compliance solutions for security standards, such as CMMC, DFARS, ITAR, HIPAA, PCI, and more. Simple Helix was founded in 2007 and is based in Huntsville, Alabama.


Deal Context for Buyer #
Overall 1 of 1
Sector: Communications 1 of 1
Type: Divestiture 1 of 1
State: Virginia 1 of 1
Country: United States 1 of 1
Year: 2021 1 of 1

Seller Profile 1

SELLER

National Rural Telecommunications Cooperative

Herndon, Virginia, United States

Category Company
Sector Internet Software and Services
DESCRIPTION

The National Rural Telecommunications Cooperative (NRTC) represents the advanced telecommunications and information technology interests of 1,500 rural utilities and affiliates in 48 states. We help rural electric and telephone utilities strengthen their businesses with solutions uniquely suited to the needs of rural consumers.


Deal Context for Seller #
Overall 1 of 1
Sector: Communications 1 of 1
Type: Divestiture 1 of 1
State: Virginia 1 of 1
Country: United States 1 of 1
Year: 2021 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-25 Pulse Broadband

Chesterfield, Montana, United States

Pulse Broadband LLC is a provider of fiber technology services to underserved areas. It partnered with cooperatives, municipal entities, and private groups to implement successful FTTH projects.

Buy -