Announced
Completed
Financials
Tags
Acquisition
Completed
telecommunications services
Internet
Friendly
Single Bidder
Domestic
Private
Majority
United States
Private Equity
Synopsis
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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