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New Deal


Announced

Wafra and Post Road to invest in Intermountain Infrastructure Group.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Acquisition

Private

Domestic

Private Equity

Friendly

Single Bidder

Telecommunications Services: Other

Minority

Pending

telecommunications company

Synopsis

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Wafra, a global alternative investment firm, and Post Road, an alternative investment advisory firm, agreed to invest in Intermountain Infrastructure Group, a fiber infrastructure developer and operator. Financial terms were not disclosed. “IIG was founded with the goal of providing infrastructure solutions to the largest consumers of bandwidth in North America, and this new partnership aligns perfectly with that goal, arming us with the capital resources necessary to accelerate and complete ongoing business initiatives catering to this end-market. Wafra and Post Road bring significant bandwidth infrastructure investment experience across multiple ecosystems, and we are excited to partner with them to take IIG to the next level,” Jeff Yount, IIG Co-Founder, President, and CEO.

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