Announced
Financials
Sources
Tags
Minority
Domestic
United States
internet service provider
Internet
Acquisition
Private
Private Equity
Venture Capital
Completed
Friendly
Single Bidder
Synopsis
Digital Alpha, an investment firm, led a $200m investment in Element8, an internet services provider. “We are absolutely thrilled to have the support and confidence of the Digital Alpha team behind us. In addition to their financial backing, their strategic alliances with industry partners such as Cisco present an opportunity for us to build world-class network infrastructure and expand our relationships with many strategic vendors. All this gives E8 a critical edge in providing the fastest and most reliable internet available to serve the underserved. I attribute our progress and success to our incredible team," Kevin Grace, E8 President and CEO.
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