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Announced

Completed

Trive Capital-backed EarthLink completed the acquisition of One Ring Networks.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Fixed Wireless

Telecommunications Equipment

Acquisition

Domestic

Majority

Private

Private Equity

Completed

Friendly

Single Bidder

Synopsis

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Trive Capital-backed EarthLink, an internet provider, completed the acquisition of One Ring Networks, a provider of voice and data services. Financial terms were not disclosed. "We are excited to partner with One Ring and accelerate the rollout of EarthLink Business Services. This combination represents a compelling growth opportunity in the high-speed business internet market, and EarthLink and One Ring will utilize the key advances in fixed wireless access technology to better serve our customers," Glenn Goad, Earthlink CEO.

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