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New Deal


Announced

Point Broadband to acquire Intelliwave Broadband.

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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Single Bidder

Acquisition

Domestic

internet services

Pending

Private

United States

Majority

Internet

Friendly

Synopsis

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Point Broadband, which offers internet service, agreed to acquire Intelliwave Broadband, a locally owned and operated provider of fiber-to-the-home and fiber-fed wireless Internet services. Financial terms were not disclosed. "We are excited to welcome the successful and talented Intelliwave family to the Point Broadband team. Our businesses share the same core values and extreme focus on taking care of our customers and being engaged in the communities we serve. We are ready to expand our broadband network to serve many additional communities in the Ohio region," Todd Holt, Point Broadband CEO.

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