M&A Deal Summary

Stephens Capital Partners Acquires NextLink Internet

On January 1, 2021, private equity firm Stephens Capital Partners acquired communications company NextLink Internet

Acquisition Highlights
  • This is Stephens Capital Partners’ 4th transaction in the Communications sector.
  • This is Stephens Capital Partners’ 64th transaction in the United States.
  • This is Stephens Capital Partners’ 14th transaction in Texas.

M&A Deal Summary

Date 2021-01-01
Target NextLink Internet
Sector Communications
Buyer(s) Stephens Capital Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

NextLink Internet

Hudson Oaks, Texas, United States
NextLink Internet is a provider of high-speed internet and voice services to residential, business, institutional and government customers in mostly rural and small-town areas using a mix of fixed wireless and fiber-optic network technologies. NextLink Internet is based in Hudson Oaks, Texas.

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Buyer(S) 1

Buyer
DESCRIPTION

Stephens Capital Partners is the direct, private equity investment arm of financial services firm Stephens, Inc. Stephens Capital looks to acquire minority or majority stakes in mid-sized, profitable companies in partnership with management. The Firm will consider opportunities throughout the US valued between $50 and $200 million. Stephens Capital will not consider venture investments or turnaround situations. Stephens Capital Partners is based in Little Rock, Arkansas.


DEAL STATS #
Overall 67 of 77
Sector (Communications) 4 of 6
Type (Buyout (LBO, MBO, MBI)) 48 of 52
State (Texas) 14 of 14
Country (United States) 64 of 71
Year (2021) 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-01 Snap Advances

Salt Lake City, Utah, United States

Snap Advances provides quick access to working capital, plus the tools and expert advice to help you go from Main Street to Main Attraction—in a Snap!. Snap Advances was established in 2009 and is based in Salt Lake City, Utah.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-24 Alpha Media

Portland, Oregon, United States

Alpha Media is a diverse multimedia company sharing your favorite music, sports, and news across a variety of platforms. Alpha Media is an owner and operator of radio stations across the U.S. covering all formats. Alpha Media currently owns over 130 radio stations and remains active in the pursuit of additional acquisition targets. Alpha Media was founded in 2009 and is based in Portland, Oregon.

Sell -