M&A Deal Summary |
|
|---|---|
| Date | 2020-05-12 |
| Target | Resurgence Infrastructure Group - Florida Based Fiber and Colocation Assets |
| Sector | Communications |
| Buyer(s) | South Reach Networks |
| Sellers(s) | Resurgence Infrastructure Group |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| Founded | 2010 |
| Sector | Communications |
South Reach Networks is a telecommunications infrastructure provider. South Reach Networks fully constructs, owns, and operates its Metro & Long-Haul Fiber Optic Network. With direct routes into its Carrier Class & Neutral Data Centers, the robust network spans over 400 miles along the East Coast of Florida. South Reach Networks provides customers global and domestic reach to the ever-expanding ecosystem of carriers, subsea, enterprise, and wireless operators.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Communications) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Texas) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2020) | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 2018 |
| Sector | Communications |
Resurgence Infrastructure Group owns and operates a contiguous dark fiber network in Florida including 120,000 optical fiber miles of available capacity extending from Miami, Florida to Jacksonville, Florida; and a dark fiber network that continues into Atlanta, Georgia with approximately 82,000 optical fiber miles of available capacity. ResurgenceIG was formed in 2018 and is based in Milton, Georgia.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Communications) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Texas) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2020) | 1 of 1 |
