Announced
Financials
Sources
Tags
internet service provider
Majority
Pending
Internet
Private Equity
Private
Acquisition
Domestic
Friendly
United States
Single Bidder
Synopsis
CBRE Investment Management, a real assets investment management firm, agreed to acquire Gateway Fiber, a locally owned and operated internet service provider, from Crosstimbers Capital Group, an investment firm. Financial terms were not disclosed. “Our mission is to bring a best-in-class internet experience to as many homes and businesses as possible. This new partnership with CBRE IM will allow us to continue investing in our communities, our people and our valued customers,” Heath Sellenriek, Gateway CEO.
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