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New Deal


Announced

Completed

Zayo Group completed the acquisition of Education Networks of America from ZMC.

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

Majority

network connectivity

Digital Services

United States

Private Equity

Single Bidder

Acquisition

Domestic

Friendly

Completed

Synopsis

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Zayo Group, a provider of fiber-based communications solutions, completed the acquisition of Education Networks of America, a managed network connectivity and security services provider, from ZMC, a private equity firm. Financial terms are not disclosed. “ENA is a leader in delivering comprehensive managed network and security solutions for educators, enhancing academic quality and productivity driven by digital transformation and the growing need for remote learning. As Zayo looks to expand its strong public sector capabilities and serve the critical connectivity needs of our nation’s education system, ENA brings the technology, geographic reach, and service delivery we need to help our customers thrive. We are committed to expanding this business, providing enhanced services to ENA customers and supporting the ENA team as we drive growth and innovation together," Andrés Irlando, Zayo President.

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