.
MergerLinks Header Logo

New Deal


Announced

Grain Management to acquire Tachus from Crosstimbers Capital Group.

Financials

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

Tags

Edit

Private

Single Bidder

Domestic

Majority

Friendly

fiber-to-the-home

Private Equity

Internet

Acquisition

Pending

United States

ftth networks

Synopsis

Edit

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.

CONTACT US