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New Deal


Announced

Completed

Astra Capital and UBS O’Connor completed a $100m investment in LOGIX Fiber Networks.

Financials

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Transaction Value£81m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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telecommunications services

United States

Private Equity

Private

Acquisition

Minority

Domestic

Completed

Telecommunications Equipment

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Synopsis

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Astra Capital, a private equity firm, and UBS O’Connor, a hedge fund, completed a $100m investment in LOGIX Fiber Networks, a provider of fiber-based enterprise voice and data services. “We are excited about the growth platform we’ve created and look forward to this new phase in our evolution. This is a critical step in aggressively building upon LOGIX’s reputation as the premier business fiber provider in Texas and this commitment will help us to continue growing our enterprise and carrier fiber network, expand into new markets, serve more customers, and create value for all stakeholders," Craig Collins, LOGIX CEO.

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