M&A Deal Summary

TPx Communications Acquires Mpower Communications

On May 5, 2006, TPx Communications acquired communications company Mpower Communications for 204M USD

Acquisition Highlights
  • This is TPx Communications’ 1st transaction in the Communications sector.
  • This is TPx Communications’ largest (disclosed) transaction.
  • This is TPx Communications’ 1st transaction in the United States.
  • This is TPx Communications’ 1st transaction in New York.

M&A Deal Summary
Date 2006-05-05
Target Mpower Communications
Sector Communications
Buyer(s) TPx Communications
Deal Type Add-on Acquisition
Deal Value 204M USD
Advisor(s) Morgan Stanley
Evercore Group (Financial)
Shearman & Sterling (Legal)

Target

Mpower Communications

Pittsord, New York, United States
Mpower Communications is a facilities-based broadband communications provider offering a full range of data, telephony, Internet access and Web hosting services for retail business and wholesale customers.

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Buyer(S) 1

Buyer

TPx Communications

Austin, Texas, United States
Category Company
Founded 1998
Sector Communications
DESCRIPTION
TelePacific's office in San Jose, California.
TelePacific's office in San Jose, California.

TPx Communications is a provider of UCaaS, Managed IT services and Managed Connectivity services, with approximately 30,000 customers and 53,000 customer locations across the U.S. TPx local exchange carrier that delivers local, long-distance, broadband Internet, web hosting, co-location, cloud-based and data transport services to business customers in California, Nevada and Texas. TPx Communications was established in 1998 and is based in Austin, Texas.

DEAL STATS #
Overall 1 of 6
Sector (Communications) 1 of 4
Type (Add-on Acquisition) 1 of 5
State (New York) 1 of 1
Country (United States) 1 of 6
Year (2006) 1 of 2
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-12-07 Arrival Communications

Bakersfield, California, United States

Arrival is a profitable facilities-based competitive local exchange carrier, offering a full array of integrated communications services to business customers. Arrival targets business customers in underserved markets throughout Central California, a fast-growing region characterized by a large concentration of small and medium-sized enterprises.

Buy -
Mergr

Product

Company

Legal