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Announced

Completed

Antin completed the investment in Empire Access and North Penn.

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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Acquisition

Friendly

gigabit broadband provider

Private Equity

Cross Border

Single Bidder

Private

United States

fiber-to-the-premise telecommunications

Telecommunications Equipment

Minority

Completed

Synopsis

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Antin, a private equity firm, completed the investment in two fiber-to-the-home broadband providers Empire Access and North Penn. Financial terms were not disclosed. “We are excited to back the Empire team in its next phase of growth. Empire is uniquely positioned to leverage its expansive fiber network to provide broadband services to underserved parts of New York and Pennsylvania. We are thrilled to have Empire join Antin’s expanding North American portfolio," Kevin Genieser, Antin Senior Partner.

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