NOVA Infrastructure completed the acquisition of Xchange Telecom.

NOVA Infrastructure, a private equity firm, completed the acquisition of Xchange Telecom, a company that delivers high-speed internet, voice, and unified communication services. Financial terms were not disclosed. “We see tremendous potential in the high-speed broadband Xchange provides New Yorkers, especially those underserved businesses and residents in older buildings and harder to access areas. The communications sector is one of NOVA’s investment targets and Xchange is a strong addition to our portfolio in this area. We look forward to working with the Xchange team to help the company grow and achieve new levels of success,” Chris Beall, NOVA Infrastructure Founder and Managing Partner.