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Announced

Completed

Novacap completed the investment in All West 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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Telecommunications Services: Other

Single Bidder

Cross Border

Friendly

United States

Acquisition

Majority

Private Equity

Private

telecommunication services

Completed

Synopsis

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Novacap, a North American private equity firm, completed the investment in All West Communications, a fiber-based provider of data, video, and voice services to residential, commercial and carrier customers. Financial terms were not disclosed. "The continued transformation of All West into a leading broadband provider will benefit from the Novacap digital infrastructure playbook, and the prior successes of Fibrenoire, Oxford, FirstLight, Horizon and Stratus Networks. This partnership will enable All West to continue its mission of providing fast, reliable, fiber-based local Internet services to its customers, including those located in underserved communities. We look forward to accelerating the momentum of All West by expanding its footprint, enhancing its capabilities, and ensuring rapid network deployment," Ted Mocarski, Novacap Senior Partner.

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