The Top 10 Telecom Mergers And Acquisitions Of 2018 (So Far)


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7. Private Equity Firm Buys Horizon Telecom For $220 Million 

Novacap, a Canadian private equity firm, revealed its intent to buy fiber infrastructure provider Horizon Telecom in a deal valued at north of $220 million in January.

The deal is aimed at helping Chillicothe, Ohio-based Horizon, a more than 100-year-old company, transition from a traditional telephone company to a regional leader in fiber-based services, Novacap said. Horizon today has more than 4,300 route miles and close to 550,000 fiber miles with over 1,600 on-net locations and 16,600 near-net buildings. Novacap closed the acquisition in June.



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