M&A Deal Summary

Zayo Acquires Allstream

On November 23, 2015, Zayo acquired communications company Allstream from Manitoba Telecom Services for 465M CAD

Acquisition Highlights
  • This is Zayo’s 18th transaction in the Communications sector.
  • This is Zayo’s 3rd largest (disclosed) transaction.
  • This is Zayo’s 2nd transaction in Canada.
  • This is Zayo’s 1st transaction in Manitoba.

M&A Deal Summary
Date 2015-11-23
Target Allstream
Sector Communications
Buyer(s) Zayo
Sellers(s) Manitoba Telecom Services
Deal Type Divestiture
Deal Value 465M CAD

Target

Allstream

Winnipeg, Manitoba, Canada
Allstream is a provider of IP communications and the only national provider that works exclusively with business customers. Supported by its more than 30,000-kilometre nationwide high-performance fibre-optic network, Allstream’s communications technologies and services include a range of innovative, highly-scalable IP, Cloud and Security solutions that help organizations communicate more efficiently and profitably.

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Buyer(S) 1

Buyer

Zayo

Boulder, Colorado, United States
Category Company
Founded 2007
Sector Communications
Employees3,700
Revenue 2.6B USD (2018)
DESCRIPTION
Zayo's corporate headquarters in Boulder, Colorado.
Zayo's corporate headquarters in Boulder, Colorado.

Zayo is a provider of bandwidth infrastructure and network neutral colocation and interconnection services. Zayo's services allow its customers, which include telecom carriers, wireless service providers, media and content companies, and other bandwidth-intensive businesses, to transport data, voice, video, and internet traffic, as well as to interconnect their networks. Zayo was founded in 2007 and is based in Boulder, Colorado.

DEAL STATS #
Overall 26 of 35
Sector (Communications) 18 of 25
Type (Divestiture) 1 of 2
State (Manitoba) 1 of 1
Country (Canada) 2 of 3
Year (2015) 3 of 4
Size (of disclosed) 3 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-14 Latisys

Englewood, Colorado, United States

Latisys Corp. is a provider of hybrid Infrastructure-as-a-Service (IaaS) solutions that span enterprise cloud, managed hosting and data center colocation.

Buy $675M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-31 Viatel - Infrastructure and Non-Irish Enterprise Business

United Kingdom

Viatel - Infrastructure and Non-Irish Enterprise Business is a provider communication services via an 8,400 kilometer fiber network across eight countries.

Buy €95M

Seller(S) 1

SELLER

Manitoba Telecom Services

Winnipeg, Manitoba, Canada
Category Company
Founded 1908
Sector Communications
Employees2,803
Revenue 995M USD (2015)
DESCRIPTION

Manitoba Telecom Services, Inc. is a communications company connecting people and places with wireless, high-speed Internet, TV, home phone, and security services plus a full suite of Information Solutions, including Unified Cloud and Managed Services. Company are proud to be Manitoba’s major information and communications technology provider.

DEAL STATS #
Overall 1 of 1
Sector (Communications) 1 of 1
Type (Divestiture) 1 of 1
State (Manitoba) 1 of 1
Country (Canada) 1 of 1
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-06-04 Allstream

Winnipeg, Manitoba, Canada

Allstream is a provider of IP communications and the only national provider that works exclusively with business customers. Supported by its more than 30,000-kilometre nationwide high-performance fibre-optic network, Allstream’s communications technologies and services include a range of innovative, highly-scalable IP, Cloud and Security solutions that help organizations communicate more efficiently and profitably.

Buy -
Mergr

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