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New Deal


Announced

Completed

MetroNet completed the acquisition of Jaguar Communications.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Telecommunications Equipment

fiber optic solutions

Majority

Friendly

United States

Acquisition

Private

Single Bidder

Completed

Synopsis

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MetroNet, a provider of fiber-optic internet, TV and phone service, completed the acquisition of Jaguar Communications, a fiber optic internet company serving Owatonna, Mankato, Rochester, and several other Minnesota communities. Financial terms were not disclosed. "As we grow our fiber optic network in Minnesota, Jaguar Communications is a perfect fit. We look forward to fully integrating as a company, and we welcome them into the MetroNet family," John Cinelli, MetroNet President.

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