Verizon Communications Mergers and Acquisitions Summary

Communications Company

Verizon Communications has acquired 36 companies, including 21 in the last 5 years. A total of 10 acquisitions came from private equity firms. It has also divested 10 assets.

Verizon Communications’ largest acquisition to date was in 2000, when it acquired GTE for $64.7B. It’s largest disclosed sale occurred in 2015, when it sold Verizon Communications - Wireline Operations in California Florida and Texas to Frontier Communications for $10.5B. Verizon Communications has acquired in 15 different US states, and 2 countries. The Company’s most targeted sectors include communications (40%) and information technology (19%).

Join Mergr and gain access to Verizon Communications’ M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the communications sector.

M&A Summary

  • M&A Total Activity43
    • M&A Buy Activity33
    • M&A Sell Activity10
  • Total Sectors Invested 7
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 24
  • M&A Advisors 20

Verizon Communications, Inc.

1095 Avenue of the Americas,
New York, New York 10036
United States,
(212) 395-1000
www.verizon.com

Verizon Communications Inc. is a provider of communications, information, and entertainment products and services to consumers, businesses and governmental agencies. Verizon offers voice, data and video services and solutions on wireless and wireline networks that are designed to meet customers’ demand for mobility, network connectivity, security and control. Verizon dates back to 1983 and is based in New York City. Verizon Communications was founded in 1983 and is based in New York, New York.


M&A Summary

Buy vs Sell

Year ≤ '15 '16 '17 '18 '19 '20 T
Buy (3.8/yr) # 14 9 3 3 1 3 33
vol $110.8B $9.0B $3.3B $400M $123.5B
Sell (0.4/yr) # 8 1 1 - - - 10
vol $20.7B $3.6B $24.3B
  43

Most Recent M&A

Company Date Value Type
Bluegrass Cellular 2020-10-19 - Add-on Acquisition
Elizabethtown, Kentucky · www.bluegrasscellular.com
TracFone Wireless, Inc. 2020-09-14 - Divestiture
Miami, Florida · www.tracfonewirelessinc.com
Blue Jeans Network 2020-04-16 400M USD Add-on Acquisition
Mountain View, California · www.bluejeans.com
ProtectWise, Inc. 2019-03-01 - Add-on Acquisition
Denver, Colorado · www.protectwise.com
Moment 2018-04-19 - Add-on Acquisition
New York, New York · www.momentdesign.com
Movildata Internacional SL 2018-01-24 - Add-on Acquisition
Murcia, Spain · www.movildata.com
Niddel Corp. 2018-01-05 - Add-on Acquisition
San Mateo, California · www.niddel.com
WideOpenWest LLC - Chicago Fiber Network 2017-08-01 225M USD Divestiture
, United States
Straight Path Communications, Inc. 2017-05-11 3.1B USD Add-on Acquisition
Glen Allen, Virginia · www.spathinc.com
Verizon Communications, Inc. - Corrections Patents 2017-04-04 - Divestiture
New York, New York
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Verizon Digital Media Services, Inc.    - MapQuest, Inc. 2019-10-01 2
Los Angeles, California · www.verizondigitalmedia.com Denver, Colorado · www.mapquest.com
Verizon Digital Media Services, Inc.    - Tumblr, Inc. 2019-08-12 1
Los Angeles, California · www.verizondigitalmedia.com New York, New York · www.tumblr.com
Yahoo! 2016-07-25 flickr 2018-04-20 1
Sunnyvale, California · www.yahoo.com Sunnyvale, California · www.flickr.com
Oath, Inc.    - Polyvore, Inc. 2018-04-05 1
New York, New York · www.oath.com Mountain View, California · www.polyvore.com
Fleetmatics Group PLC 2016-08-01 TrackEasy Oy 2016-11-02 2
Wellesley Hills, Massachusetts · www.fleetmatics.com Helsinki, Norway
Fleetmatics Group PLC 2016-08-01 Inosat – Consultoria Informática, S.A 2016-09-07 1
Wellesley Hills, Massachusetts · www.fleetmatics.com Lisbon, Portugal · www.inosat.pt
AOL, Inc. 2015-05-12 RYOT Corp. 2016-04-20 3
New York, New York · www.aol.com Venice, California · www.ryot.org
Verizon Digital Media Services, Inc.    - Volicon, Inc. 2016-03-16 2
Los Angeles, California · www.verizondigitalmedia.com Burlington, Massachusetts · www.volicon.com
AOL, Inc. 2015-05-12 AlephD SAS 2016-01-25 2
New York, New York · www.aol.com Paris, France · www.alephd.com
AOL, Inc. 2015-05-12 Millennial Media, Inc. 2015-11-23 1
New York, New York · www.aol.com Baltimore, Maryland · www.millennialmedia.com

M&A by Sector

Sector Buy # Value Sell # Value
Communications 13 (39%) 109.3B (88%) 7 (70%) 24.3B (100%)
Information Technology 6 (18%) 1.8B (1%) 2 (20%) -
Internet Software and Services 6 (18%) 11.8B (10%) - -
Software 3 (9%) - - -
Media 2 (6%) - - -
Technology Hardware 2 (6%) 612M (< 1%) - -
Business Services 1 (3%) - - -
Marketing - - 1 (10%) -
Total 33 $123.5B 10 $24.3B

By Geo

State/Country Buy Value Sell Value
United States 32 123.5B 10 24.3B
  California 10 5.4B - -
  New York 4 4.4B 4 22.7B
  Virginia 3 11.6B 2 -
  Massachusetts 2 2.4B - -
  Florida 2 1.4B - -
  Arkansas 1 28.1B 1 -
  Oregon 1 - - -
  Ohio 1 210M - -
  Minnesota 1 2.7B - -
  Kentucky 1 - - -
  Georgia 1 612M - -
  District of Columbia 1 - - -
  Connecticut 1 64.7B - -
  Colorado 1 - - -
  Texas - - 1 -
  Hawaii - - 1 1.6B
Spain 1 - - -
Domestic 32 (97%) 123.5B (100%) 10 (100%) 24.3B (100%)
Cross-border 1 (3%) - - -
Total 33 $123.5B 10 $24.3B

Top M&A Advisors

Financial Deals
PJT Partners, Inc.
2
Guggenheim Securities
2
LionTree Advisors LLC
2
Legal Deals
Debevoise & Plimpton LLP
7
Weil Gotshal & Manges LLP
3
Cleary Gottlieb Steen & Hamilton LLP
1

Deal Values

buy # Total
> $1B 10 $121.9B
$100M to $1B 5 $1.6B
TOTAL $123.5B
Largest GTE Corporation
$64.7B (2000-06-16)
sell # Total
> $1B 4 $24.3B
TOTAL $24.3B
Largest Verizon Communications Inc. - Wireline Operations in California, Florida and Texas
$10.5B (2015-02-05)

M&A Connections

Deals %
Acquired from
PE Firm(s)
63%
10 63%
Strategic(s)
38%
6 38%
Divested to
PE Firm(s)
11%
1 11%
Strategic(s)
89%
8 89%

 Subscribe to unlock this and 156,855
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.0K Private Equity Firms
  • 145K M&A Transactions
  • 153K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.1K M&A Advisors
    (Investment Banks and Law Firms)
  • 45K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.