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New Deal


Announced

Completed

GI Partners completed the acquisition of Rise Broadband.

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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Majority

Acquisition

Internet

internet service provider

Private Equity

Private

United States

Completed

Domestic

Single Bidder

Friendly

Synopsis

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GI Partners, a private equity firm, completed the acquisition of Rise Broadband, a provider of fiber-to-the-home and fixed wireless broadband services across 16 states. Financial terms were not disclosed. "Rise Broadband is committed to connecting communities across our vast network footprint by providing best-in-class service to our customers and to delivering advanced high-speed broadband. We are eager to partner with the GI Partners team as we embark on a new phase of growth, driven by significant investment in our hybrid fiber-to-the-home and fixed wireless network," Jim O'Brien, Rise Broadband CEO.

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