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New Deal


Announced

Completed

PomeGran completed the acquisition of ROCK 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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Single Bidder

broadband solutions

Canada

communications systems

United States

Diversified Industrials

Electronic Components and Equipment

Acquisition

Domestic

Majority

Private

Completed

Friendly

Synopsis

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PomeGran, a fibre-centric rural broadband provider, completed the acquisition of ROCK Networks, a broadband service providers and telecom systems integrator. Financial terms were not disclosed. “We are thrilled to be adding ROCK Networks to the PomeGran group. ROCK Networks is a company with a strong reputation for delivering leading-edge solutions to customers in public safety and rural broadband. We are committed to expanding our fibre-centric broadband fabric across Canada, building on ROCK Networks’ legacy of success, to deliver more access to underserved communities,” Brent Johnston, PomeGran CEO.

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