Announced
Completed
Financials
Tags
commercial fiber
Telecommunications Equipment
United States
Acquisition
Domestic
Majority
Private
Completed
Friendly
Single Bidder
Private Equity
Synopsis
Cox Communications, a digital cable television provider, telecommunications and home automation services, completed the acquisition of Unite Private Networks, a commercial fiber provider, from Ridgemont Equity Partners, a private equity firm. Financial terms were not disclosed. "We'll draw upon the successes of Segra and UPN, in addition to the rich history and values of Cox as we form our new fiber infrastructure company. Bringing Segra and UPN together into a standalone fiber platform will enhance our ability to serve our customers with an expanded footprint and greater network capacity," Mark Greatrex, Cox Communications President.
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