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New Deal


Announced

Completed

GTCR completed the investment in Point Broadband.

Financials

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

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Telecommunications Services: Other

Private

Acquisition

fiber-to-the-premise telecommunications

Majority

United States

Private Equity

Domestic

Single Bidder

Completed

Synopsis

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Private equity firm GTCR completed the investment in Point Broadband, a provider of fiber-to-the-premise high-speed data services to residential and business customers. Financial terms were not disclosed. "The Point management team has built a phenomenal business in a short period of time and we are impressed with the team's execution to date. We are thrilled to partner with an entrepreneurial, yet very experienced and seasoned management team to expand Point's network and bring fiber-based internet access to new communities," Stephen Jeschke, GTCR Managing Director.

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