M&A Deal Summary

Windstream Acquires Business Only Broadband

On October 1, 2014, Windstream acquired communications company Business Only Broadband

Acquisition Highlights
  • This is Windstream’s 10th transaction in the Communications sector.
  • This is Windstream’s 11th transaction in the United States.
  • This is Windstream’s 1st transaction in Illinois.

M&A Deal Summary
Date 2014-10-01
Target Business Only Broadband
Sector Communications
Buyer(s) Windstream
Deal Type Add-on Acquisition

Target

Business Only Broadband

Westmont, Illinois, United States
Business Only Broadband owns and operates the largest independent wireless broadband networks in Chicago and New York City, providing wireless broadband Internet connectivity services to the financial sector and large enterprise customers. Business Only Broadband is based in Westmont, Illinois.

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Buyer(S) 1

Buyer

Windstream

Little Rock, Arkansas, United States
Category Company
Founded 2006
Sector Communications
Employees11,080
Revenue 5.1B USD (2019)
DESCRIPTION
Windstream office in downtown Greenville, South Carolina.
Windstream office in downtown Greenville, South Carolina.

Windstream is a provider of advanced network communications, including cloud computing and managed services, to businesses nationwide. The company also offers broadband, phone and digital TV services to consumers primarily in rural areas. Windstream was founded in 2006 and is based in Little Rock, Arkansas.

DEAL STATS #
Overall 11 of 14
Sector (Communications) 10 of 13
Type (Add-on Acquisition) 11 of 13
State (Illinois) 1 of 1
Country (United States) 11 of 14
Year (2014) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-12-01 PAETEC Holdings

Fairport, New York, United States

PAETEC Holdings is an integrated communications provider offering local, domestic and international long distance services, high speed Internet access, eCommerce and other data services to medium and large sized businesses, colleges and universities, hospitals, governmental organizations and affinity groups throughout the United States.

Buy $2.3B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-19 Windstream Holdings - Windstream Data Center Business

Little Rock, Arkansas, United States

Windstream Holdings, Inc. - Windstream Data Center Business provides data centers from wholesale providers, including Compass Datacenters and Sabey Data Centers.

Sell $575M
Mergr

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