Announced
Financials
Tags
United States
telecommunications assets
Telecommunications Equipment
Acquisition
Majority
Private
Infrastructure
Pending
Friendly
Single Bidder
Disposal
Domestic
Private Equity
Synopsis
Palisade Infrastructure, a global independent, specialist infrastructure and real assets manager, agreed to acquire Washington state assets of Consolidated Communications, an American broadband and business communications provider. Financial terms were not disclosed. The transaction includes Consolidated’s incumbent networks in Ellensburg and Yelm comprising a mixture of fiber-to-the-home and DSL technologies. Palisade intends to accelerate the build out of the fiber network in these markets, providing high speed, low latency connectivity to households and businesses.
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