M&A Deal Summary

SpeedConnect Acquires CommSPEED

On November 24, 2014, SpeedConnect acquired communications company CommSPEED

Acquisition Highlights
  • This is SpeedConnect’s 1st transaction in the Communications sector.
  • This is SpeedConnect’s 2nd transaction in the United States.
  • This is SpeedConnect’s 2nd transaction in Arizona.

M&A Deal Summary
Date 2014-11-24
Target CommSPEED
Sector Communications
Buyer(s) SpeedConnect
Deal Type Add-on Acquisition

Target

CommSPEED

Scottsdale, Arizona, United States
CommSPEED LLC is a provider of wireless broadband Internet services.

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Buyer(S) 1

Buyer

SpeedConnect

Frankenmuth, Michigan, United States
Category Company
Founded 2002
Sector Communications
DESCRIPTION

SpeedConnect, Inc. is a privately-held Broadband Wireless Access (BWA) provider. Today, SpeedConnect is one of the nation’s largest rural wireless broadband Internet providers which serves over 20,000 residential and commercial wireless broadband Internet customers in Arizona, Idaho, Illinois, Iowa, Michigan, Montana, Nebraska, South Dakota, and Texas.

DEAL STATS #
Overall 2 of 2
Sector (Communications) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Arizona) 2 of 2
Country (United States) 2 of 2
Year (2014) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-24 Kachina Communications

Cottonwood, Arizona, United States

Kachina Communications LLC (dba Swift Wireless Internet) is a provider of high-speed Internet services.

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