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Announced

Completed

Cogeco Connexion completed the acquisition of Oxio.

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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Friendly

Online and Social Platforms

telecommunications

infrastructure technology

Cloud data services

United States

Acquisition

Completed

Majority

Cross Border

Single Bidder

Private

Synopsis

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Cogeco Connexion, a cable operator, completed the acquisition of Oxio, a telecommunications operation of Internet service provider. Financial terms were not disclosed. "As we are making the strategic shift to focus exclusively on the growth of our software business, Cogeco presented itself as the best home for our Internet customers. As a Quebec-based company with a human scale and an entrepreneurial culture, we believe that Cogeco is best-positioned to enable oxio to reach new heights," Marc-André Campagna, Oxio Chief Executive Officer and Co-Founder.

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