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New Deal


Announced

Linx Partners to acquire Clear Rate 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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Private Equity

Telecommunications Services: Other

Single Bidder

telecommunications services

Pending

Private

United States

Acquisition

Majority

Friendly

Domestic

Synopsis

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Linx Partners, a private equity firm, agreed to acquire Clear Rate Communications, a provider of telecommunications service. Financial terms were not disclosed. "Clear Rate is at a critical inflection point in its growth story. The foundation is already in place for the Company to expand its capabilities and geographic reach to serve more customers. I am delighted to be able to lead the Board of Directors as we grow and build the company," Pat O'Leary, Clear Rate CEO.

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