M&A Deal Summary

Zayo Acquires Optic Zoo Networks

On January 19, 2018, Zayo acquired communications company Optic Zoo Networks for 31M CAD

Acquisition Highlights
  • This is Zayo’s 22nd transaction in the Communications sector.
  • This is Zayo’s 12th largest (disclosed) transaction.
  • This is Zayo’s 3rd transaction in Canada.
  • This is Zayo’s 1st transaction in British Columbia.

M&A Deal Summary
Date 2018-01-19
Target Optic Zoo Networks
Sector Communications
Buyer(s) Zayo
Deal Type Add-on Acquisition
Deal Value 31M CAD
Advisor(s) Bank Street (Financial)

Target

Optic Zoo Networks

Vancouver, British Columbia, Canada
Optic Zoo Networks Ltd. is an owns and operator of high-capacity fiber. Optic Zoo Networks is based in Vancouver, British Columbia.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

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 31 of 35
Sector (Communications) 22 of 25
Type (Add-on Acquisition) 29 of 33
State (British Columbia) 1 of 1
Country (Canada) 3 of 3
Year (2018) 1 of 2
Size (of disclosed) 12 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-27 Spread Networks

Ridgeland, Mississippi, United States

Spread Networks LLC is a privately-owned telecommunications provider that owns and operates a 825-mile, high-fiber count long haul route connecting New York and Chicago.

Buy $127M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-29 Neutral Path Communications

Mankato, Minnesota, United States

Neutral Path Communications LLC is a long haul infrastructure provider, operating a fiber network in the Midwest. Neutral Path Communications is based in Mankato, Minnesota.

Buy $32M
Mergr

Product

Company

Legal