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New Deal


Announced

Completed

Grain Management completed the acquisition of Spectrotel.

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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Acquisition

Completed

telecommunications services

Internet

Friendly

Single Bidder

Domestic

Private

Majority

United States

Private Equity

Synopsis

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Grain Management, a private equity firm, completed the acquisition of Spectrotel, a next-generation aggregator and leading integrated technology services provider. Financial terms were not disclosed. "Grain is a significant investor around the broadband and managed services sector, and we could not be more excited to be taking this step with the Spectrotel team. We deeply admire the value Spectrotel brings to the marketplace and the exceptional reputation they have built with their customers and partners, and we look forward to supporting their continued growth as a leader in their space," Jenny Kashdan, Grain Management Managing Director.

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