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Announced

Completed

Vexus Fiber completed the merger with MetroNet.

Financials

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

Tags

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Merger

Friendly

Telecommunications Equipment

fiber optics

United States

Acquisition

Domestic

Private

Single Bidder

Majority

Completed

Synopsis

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Vexus Fiber, provider of fiber-based communications solutions, completed the merger with MetroNet, a 100% fiber optic network provider. Financial terms were not disclosed. “Vexus has a fast growth and high customer service mentality, very similar to MetroNet, and joining with them allows us to quickly expand our service area to even more Americans,” John Cinelli, MetroNet CEO.

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