Announced
Financials
Tags
cable networks
Acquisition
Friendly
Domestic
Internet
Single Bidder
broadband
Pending
United States
Majority
Private
Private Equity
Synopsis
Grain Management, a private investment firm, agreed to acquire Quintillion, a fiber-optic cable network operator. Financial terms were not disclosed. "The Grain team is passionate about the globally transformative power of broadband technology and after years of following Quintillion we think this is a great fit for our investment strategy. We are excited to partner with management to accelerate the company's growth while continuing to support the critical connectivity needs of communities in Alaska and beyond," Chad Crank, Grain Management Managing Director.
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