Announced
Financials
Sources
Tags
Private
Single Bidder
Domestic
Majority
Friendly
fiber-to-the-home
Private Equity
Internet
Acquisition
Pending
United States
ftth networks
Synopsis
Grain Management, a private investment firm exclusively focused on broadband technology and the global communications sector, agreed to acquire Tachus, a fiber-to-the-home provider in Texas, from Crosstimbers Capital Group, a Houston-based principal investment firm. Financial terms were not disclosed. "We are excited to back the exceptional team at Tachus in their next phase of growth. The Company is well-positioned to expand in Houston and beyond, where Tachus has been met with extraordinary demand from communities that need a better, faster internet connection," Jenny Zhang, Grain Principal.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.