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New Deal


Announced

Completed

GI Partners completed a majority investment in Blue Stream Fiber.

Financials

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Transaction Value-
Consideration TypeCash
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Capital Bid For-
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EV/EBITDA-
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Acquisition

Single Bidder

Friendly

United States

Majority

Landline

Completed

cable telecomunications

Private

Private Equity

Synopsis

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GI Partners, a middle market private equity firm based in San Francisco, completed a majority investment in Blue Stream Fiber, which provides cable television, cable telephone, DVR, and broadband services to customers in Florida. Financial terms were not disclosed. "Consumers in Florida want the most reliable networks and high touch customer support. Blue Stream is committed to drive ever-increasing levels of customer support and satisfaction, and to further differentiate our services from incumbents. Over the coming months and years, our partnership with GI Partners will ensure that we can expand and provide our great services across the entire state," Joe Canavan, Blue Stream CEO.

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