M&A Deal Summary

Smartaira Acquires Direct Plus

On January 24, 2023, Smartaira acquired communications company Direct Plus

Acquisition Highlights
  • This is Smartaira’s 1st transaction in the Communications sector.
  • This is Smartaira’s 1st transaction in the United States.
  • This is Smartaira’s 1st transaction in Florida.

M&A Deal Summary
Date 2023-01-24
Target Direct Plus
Sector Communications
Buyer(s) Smartaira
Deal Type Add-on Acquisition

Target

Direct Plus

Coral Gables, Florida, United States
Direct Plus is an internet service provider (ISP) specializing in smarter internet and entertainment solutions for property owners and managers. Direct Plus was founded in 2005 and is based in Coral Gables, Florida.

Search 201,429 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

Smartaira

Gardena, California, United States
Category Company
Founded 1972
Sector Communications
DESCRIPTION

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.

DEAL STATS #
Overall 1 of 2
Sector (Communications) 1 of 2
Type (Add-on Acquisition) 1 of 2
State (Florida) 1 of 2
Country (United States) 1 of 2
Year (2023) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-12 Lux Speed

Fort Lauderdale, Florida, United States

Lux Speed is a multifamily internet service provider that delivers luxury internet services via fiber connections. Lux Speed is based in Fort Lauderdale, Florida.

Buy -
Mergr

Product

Company

Legal