

Subscribe to Smart Business Dealmakers
January 26, 2024
Failure Is OK — And Other Lessons From Rob Hale
Rob Hale became a billionaire and lost it all by the age of 35. But he rebounded from that failure to co-found Granite Telecommunications, which made him a billionaire again and made it possible for him to become a co-owner of the NBA's Boston Celtics. He shares 3 lessons he learned along the way....
By Michael Marzec
July 8, 2020
Snip Internet Acquires Rocket Fiber Residential Internet Services
Snip Internet's acquisition of Rocket Fiber LLC, from Everstream serves as an initial expansion for Snip as they open in additional markets throughout the Midwest in the coming months....
By Adam Burroughs
May 7, 2020
Everstream Reaches Strategic Agreement With Uniti Fiber In Milwaukee
In November 2019, Everstream first entered the Milwaukee market and is actively building its network, which will encompass more than 560 route miles of fiber when complete....
By Mark Scott
March 31, 2020
Snip Internet Lands $7.75M Series B Round
Cleveland-based Snip Internet closed a $7.75 million Series B venture round led by Peppertree Capital Management, according to PitchBook....
By Michael Marzec
February 26, 2020
Everstream To Buy Detroit-Based Rocket Fiber
The acquisition completes Everstream’s coverage in all major Michigan markets and gives Everstream the largest fiber footprint in greater downtown Detroit, according to a news release. Terms of the deal were not disclosed....
By Mark Scott
December 4, 2019
Clover Wireless Buys Teleplan
Clover Wireless has completed the acquisition of Teleplan International N.V., a global electronics supply chain services and solutions provider....
By Mark Scott
November 4, 2019
GTCR Completes Vyve Broadband Deal
Founded in 2012, Shawnee, Oklahoma-based Vyve provides high-speed data, television and voice services to residential and business customers in rural markets across Oklahoma, Kansas, Texas, Arkansas, Louisiana, Tennessee, Georgia and Wyoming....
By Mark Scott
October 18, 2019
VoIP Innovations purchased by Sangoma
Ontario-headquartered Sangoma Technologies Corp. has acquired VoIP Innovations LLC for $42 million, if certain conditions are reached. The acquisition, Sangoma’s eighth in eight years, should provide the combined company with increased scale, more recurring revenue, a new product category, robust EBITDA margins, and a new sales channel within Sangoma’s broader portfolio....
By Jayne Gest
September 9, 2019
AppSmart Buys Clawson-Based Telegration
Telegration provides a range of voice, internet, long distance, mobility, cable, data, cloud, hosted PBX and managed IT services and is a member of The Alliance Partners....
By Mark Scott
August 5, 2019
Agile Networks purchased; NCT Ventures exits
InSite Wireless Group LLC acquired a majority interest in Agile Networks, a provider of telecommunications solutions based in Canton. Agile’s largest stakeholder, Columbus VC firm NCT Ventures, exited in the deal....
By Jayne Gest
June 18, 2019
U.S. Cellular Buys High-Frequency Spectrum For $256M
Across two different auctions, the company acquired at least 300 MHz of spectrum in markets that serve 97 percent of its customer base....
By Mark Scott
June 14, 2019
Brett Lindsey: Inside Everstream's Sale to AMP Capital
After receiving 16 bids, Everstream CEO Brett Lindsey completed a deal in September 2018 to sell the fiber network for more than $330 million to a surprising buyer: Australia’s AMP Capital. Here’s an inside look at how the deal got done and Lindsey’s takeaways from the process....
By Mark Scott
April 19, 2019
DCT Telecom sold to Atlanta's Momentum
The acquisition of DCT will add scale and geography to Momentum's growing cloud voice customer base. It also brings complementary managed broadband, internet and cloud voice capabilities....
By Michael Marzec
March 16, 2018
Everstream bought as platform for Australian PE firm
Everstream plans to utilize the investment from AMP Capital for acquisitions and to fund organic network growth and development....
By Adam Burroughs