Recent News
The following page includes recent Bank Street press releases and articles in which Bank Street was referenced. Click on the dates of any news items for links to the full press release or article.
September 16, 2024 - Syntrio announced the completion of a $60 million senior credit facility led by Third Coast Bank. Bank Street served as exclusive financial advisor and placement agent in connection with the transaction.
July 24, 2024 - T-Mobile (NASDAQ: TMUS) and KKR (NYSE: KKR) announced the formation of joint venture to acquire Metronet, the leading independent fiber-to-the-home platform company in the U.S. Bank Street served as financial advisor to Metronet in connection with the transaction.
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July 22, 2024 - Grain Management announced the completion of its majority investment in 123NET, a premier provider of fiber internet, colocation and voice services in Michigan. Bank Street served as exclusive financial advisor to 123NET in connection with the transaction.
July 17, 2024 - Snowhawk announced a majority investment in SecureVision, the premiere provider of bulk fiber connectivity services for resort communities along the Alabama and Florida Gulf Coast. Bank Street served as exclusive financial advisor to SecureVision in connection with the transaction.
May 16, 2024 - Boldyn Networks completed the acquisition of Apogee, the leading provider of on-campus connectivity infrastructure to the U.S. Higher Education market. Bank Street served as exclusive financial advisor to Boldyn in connection with the transaction.
May 3, 2024 - Uniti (NASDAQ: UNIT) announced a definitive agreement to merge with Windstream in a deal valued at approximately $11.4 billion. Bank Street served as financial advisor to Uniti in connection with the transaction.
April 25, 2024 - T-Mobile (NASDAQ: TMUS) and EQT announced a joint venture to acquire fiber-to-the-home platform company Lumos. Bank Street served as exclusive financial advisor to Lumos and advisor to EQT in connection with the joint venture with T-Mobile.
April 22, 2024 - Grain Management announced a majority investment in 123NET, a premier provider of fiber internet, colocation and voice services in Michigan. Bank Street served as exclusive financial advisor to 123NET in connection with this transaction.
April 1, 2024 - Shentel completed its acquisition of Horizon from an investor group comprised of Novacap and GCM Grosvenor in a transaction valued at $385 million. Bank Street served as exclusive financial advisor to Horizon in connection with this transaction.
March 6, 2024 - Boldyn Networks announced a definitive agreement to acquire Apogee, the leading provider of on-campus connectivity infrastructure in the U.S. Higher Education sector. Bank Street served as exclusive financial advisor to Boldyn in connection with this transaction.
February 29, 2024 - Ares Management has completed a strategic growth investment in Bluepeak, a leading provider of fiber broadband services across the Great Plains region. Bank Street served as lead financial advisor to Bluepeak in connection with this transaction.
February 15, 2024 - Grain Management completed its acquisition of Quintillion, the leading provider of fiber-based connectivity in Alaska and the North American Arctic. Bank Street served as exclusive financial advisor to Quintillion in connection with this transaction.
January 22, 2024 - Bank Street's Paul Vasilopoulos and Jack Elgart shared their insights on the impact of federal rate hikes on funding, joint ventures and securitizations in the January 2024 edition of InterGlobix Magazine.
January 10, 2024 - Novacap announced the acquisition of All West Communications, a fiber-based provider of data, video and voice services to residential, commercial and carrier customers in Utah and Wyoming. Bank Street served as exclusive financial advisor to Novacap in connection with this transaction.
January 4, 2024 - Oak Hill Capital announced the acquisition of Wire 3, a leading fiber-to-the-home operator in Florida, and a commitment to invest up to $250 million to accelerate the expansion of the company's network. Bank Street served as exclusive financial advisor to Wire 3 in connection with this transaction.
December 14, 2023 - Connext Networks announced the successful completion of a $70 million credit facility arranged by Woodforest National Bank. Bank Street served as exclusive financial advisor and placement agent to Connext Networks in connection with this transaction.
December 8, 2023 - Mereo Networks announced a significant growth investment from Macquarie Capital, WaveDivision Capital and Freedom 3 Capital. Bank Street served as lead financial advisor to Mereo in connection with this transaction.
November 30, 2023 - DIF Capital Partners portfolio company Tonaquint Data Centers completed the acquisition of EdgeX Data Centers in Oklahoma City. Bank Street served as exclusive financial advisor to Tonaquint in connection with this transaction.
November 8, 2023 - Palisade Infrastructure completed the acquisition of Rainier Connect, which has been rebranded as Lightcurve. Bank Street served as exclusive financial advisor to Rainier Connect in connection with this transaction.
October 26, 2023 - Macquarie Asset Management announced a structured equity investment in SwyftFiber. Bank Street served as exclusive financial advisor to Macquarie Asset Management in connection with this transaction.
October 26, 2023 - Vero Fiber Networks secured a $115 million credit facility jointly arranged by Hancock Whitney Bank and Woodforest Bank. Bank Street served as exclusive financial advisor and placement agent to Vero in connection with this transaction.
October 24, 2023 - Shentel (NASDAQ: SHEN) announced a definitive agreement to acquire Horizon from an investor group comprised of Novacap and GCM Grosvenor in a transaction valued at $385 million. Bank Street served as exclusive financial advisor to Horizon in connection with this transaction.
October 18, 2023 - Great Works Internet closed an investment from Mac Mountain that will fund the accelerated growth of the company's fiber optic network expansion in New England. Bank Street served as exclusive financial advisor to GWI in connection with this transaction.
August 3, 2023 - Seaport Capital completed the acquisition of CyberlinkASP, a managed service provider offering fully-outsourced IT services to business and enterprise customers, from Staple Street Capital. Bank Street served as exclusive financial advisor to CyberlinkASP in connection with this transaction.
July 10, 2023 - Infratil announced an agreement to make a majority investment in Console Connect in partnership with HTK. Bank Street served as exclusive financial advisor to Infratil in connection with this transaction.
July 6, 2023 - Cox Communications completed the acquisition of full ownership of Unite Private Networks from an investor group led by Ridgemont Equity Partners. Bank Street served as exclusive financial advisor to Ridgemont in connection with this transaction.
June 27, 2023 - GeoLinks announced the receipt of a significant minority investment from JLC Infrastructure. Bank Street served as exclusive financial advisor to GeoLinks in connection with this transaction.
May 15, 2023 - Cox Communications announced a definitive agreement to acquire the remaining interest in Unite Private Networks from an investor group led by Ridgemont Equity Partners. Bank Street served as exclusive financial advisor to Ridgemont in connection with this transaction.
May 4, 2023 - Lit Communities announced a majority investment from Oak Hill Capital to fund the company's accelerated broadband deployment. Bank Street served as exclusive financial advisor to Lit Communities in connection with this transaction.
April 3, 2023 - Grain Management announced a definitive agreement to acquire Quintillion, the leading provider of fiber-based connectivity in the American Arctic. Bank Street served as exclusive financial advisor to Quintillion in connection with this transaction.
March 27, 2023 - Basalt Infrastructure Partners announced a definitive agreement to acquire Fatbeam from SDC Capital Partners. Bank Street served as exclusive financial advisor to Fatbeam in connection with this transaction.
February 22, 2023 - Wafra and Post Road Group announced an investment in Intermountain Infrastructure Group, a leading fiber infrastructure developer and operator. Bank Street served as exclusive financial advisor to IIG in connection with this transaction.
February 19, 2023 - Gateway Fiber announced a new financial partnership with leading global real assets manager CBRE Investment Management. Bank Street served as exclusive financial advisor to Gateway Fiber in connection with this transaction.
February 15, 2023 - GTCR portfolio company Point Broadband announced a significant growth investment from Berkshire Partners. Bank Street served as financial advisor to Point Broadband in connection with this transaction.
February 15, 2023 - Igneo Infrastructure Partners, a global infrastructure investment manager with US$16.5 billion in assets, completed its acquisition of US Signal. Bank Street served as exclusive financial advisor to US Signal in connection with this transaction.
January 27, 2023 - CBRE Investment Management announced a definitive agreement to acquire Gateway Fiber from Crosstimbers Capital Group. Bank Street served as exclusive financial advisor to Gateway Fiber in connection with this transaction.
January 10, 2023 - DIF Capital Partners announced the acquisition of U.S. data center platform Tonaquint Data Centers. Bank Street served as exclusive financial advisor to Tonaquint in connection with this transaction.
December 13, 2022 - Amplix, a leading provider of technology advisory services, announced a definitive agreement to be acquired by Gemspring Capital. Bank Street served as financial advisor to Amplix in connection with this transaction.
December 7, 2022 - Rainier Connect announced a definitive agreement to be acquired by Palisade Infrastructure. Bank Street served as financial advisor to Rainier Connect in connection with this transaction.
December 1, 2022 - Consolidated Communications completed the sale of its Kansas City assets to Astatine Investment Partners. Bank Street served as financial advisor to Consolidated in connection with this transaction.
November 29, 2022 - Novacap announced a definitive agreement to acquire fiber-based broadband provider All West Communications. Bank Street served as financial advisor to Novacap in connection with this transaction.
November 17, 2022 - BAI Communications completed the acquisition of New York digital infrastructure platform ZenFi Networks. Bank Street served as financial advisor to ZenFi in connection with this transaction.
September 28, 2022 - Evocative completed the acquisition of the majority of INAP's data center facilities. The acquisition consisted of 9 data centers, including colocation and related network services. Bank Street served as financial advisor to INAP in connection with this transaction.
September 14, 2022 - Evocative agreed to acquire the majority of INAP's data center facilities. The acquisition will consist of 9 data centers, including colocation and related network services. Bank Street served as financial advisor to INAP in connection with this transaction.
September 12, 2022 - Igneo Infrastructure Partners announced a definitive agreement to acquire US Signal, a leading provider of network, data center, cloud hosting and data protection services. Bank Street served as exclusive financial advisor to US Signal in connection with this transaction.
July 26, 2022 - New York digital infrastructure platform ZenFi Networks announced a definitive agreement to be acquired by BAI Communications. Bank Street served as exclusive financial advisor to ZenFi in connection with this transaction.
July 25, 2022 - Fusion Connect announced an agreement to transition Intrado’s enterprise voice and network clients to a leading set of strategic communication services offered by Fusion Connect.
June 30, 2022 - FiberLight announced a definitive agreement to be acquired by an investor group led by Morrison & Co. Bank Street served as exclusive financial advisor to FiberLight in connection with this transaction.
June 20, 2022 - USTC Corp, a value-added distributor and one-stop shop for materials, distribution and logistics solutions, announced the acquisition of Multicom. Bank Street served as exclusive financial advisor to USTC Corp in connection with this transaction.
May 23, 2022 - ZenFi Networks announced a $175 million senior secured credit facility to support the company's continued growth initiatives. Bank Street served as exclusive financial advisor and placement agent to ZenFi in connection with this transaction.
May 9, 2022 - Digital Alpha portfolio company Unitas Global announced the acquisition of INAP’s Network Business, enhancing the company’s portfolio of network service offerings that enable hybrid cloud environments. Bank Street served as financial advisor to INAP in connection with this transaction.
May 4, 2022 - DIF Capital Partners announced a growth capital investment in Airtower Networks, a leading developer and operator of wireless infrastructure. Bank Street served as exclusive financial advisor to DIF Capital in connection with this transaction.
April 26, 2022 - LightEdge, a leading provider of colocation, cloud and managed service solutions, announced the acquisition of NFINIT, an infrastructure solutions provider based in San Diego, CA. Bank Street served as exclusive financial advisor to NFINIT in connection with this transaction.
April 12, 2022 - VPLS announced the expansion of its global footprint with the acquisition of Carrier-1’s data center in Dallas, TX. Bank Street served as exclusive financial advisor to Carrier-1 in connection with this transaction.
April 11, 2022 - Phoenix Tower International announced the acquisition of Technology Associates EC, a leading provider of wireless infrastructure services in the Western United States. Bank Street served as exclusive financial advisor to TAEC in connection with this transaction.
March 29, 2022 - Lingo announced a definitive agreement to acquire BullsEye Telecom, a leading cloud communications and technology service provider. Bank Street served as exclusive financial advisor to BullsEye in connection with this transaction.
March 7, 2022 - Greenlight Networks announced a definitive agreement to receive a majority investment from Oak Hill Capital. Bank Street served as exclusive financial advisor to Greenlight in connection with this transaction.
March 3, 2022 - Consolidated Communications announced a definitive agreement to sell its Kansas City operations to Alinda Capital Partners. Bank Street served as exclusive financial advisor to Consolidated in connection with this transaction.
February 17, 2022 - Goldman Sachs Asset Management announced a definitive agreement to acquire ImOn Communications, a Cedar Rapids, Iowa-based fiber-to-the-premise broadband company. Bank Street served as exclusive financial advisor to ImOn in connection with this transaction.
February 1, 2022 - Global investment firm Carlyle completed its acquisition of data center and hybrid IT infrastructure company Involta from M/C Partners. Bank Street served as exclusive financial advisor to Involta in connection with this transaction.
January 31, 2022 - H5 Data Centers announced the acquisition of seven data centers from vXchnge. Bank Street served as exclusive financial advisor to vXchnge in connection with this transaction.
January 14, 2022 - Cordiant Digital Infrastructure completed its acquisition of DataGryd Data Centers in a transaction valued at $74 million. Bank Street served as exclusive financial advisor to DataGryd in connection with this transaction.
January 12, 2022 - KKR completed its acquisition of a majority stake in Telefónica Colombia's fiber network in a transaction valued at approximately $500 million. Bank Street served as financial advisor to KKR in connection with this transaction.
January 3, 2022 - Cable One completed the formation of its Clearwave Fiber partnership with GTCR, Stephens Group and The Pritzger Organization. Bank Street served as lead financial advisor to Cable One in connection with this transaction.
December 28, 2022 - C Spire completed the acquisition of Troy Cablevision, which serves consumers and businesses in Alabama's Wiregrass Region. Bank Street served as financial advisor to C Spire in connection with this transaction.
December 28, 2021 - Cinven completed a majority investment in Nitel, a leading next-generation network technology services provider. Bank Street served as exclusive financial advisor to Nitel in connection with this transaction.
December 22, 2021 - Global investment firm Carlyle announced a definitive agreement to acquire data center and hybrid IT infrastructure company Involta from M/C Partners. Bank Street served as exclusive financial advisor to Involta in connection with this transaction.
December 7, 2021 - Wire 3 Holdings announced the receipt of equity financing from Guggenheim Investments to fuel its Fiber-to-the-Home expansion in Florida, including Volusia and Brevard Counties. Bank Street served as financial advisor to Wire 3 in connection with this transaction.
December 1, 2021 - Bank Street was named a winner at the TMT M&A Awards 2021 as Communications Infrastructure & Services M&A Advisor in the Americas based on the number of transactions executed during the year.
November 18, 2021 - Cinven announced a majority investment in Nitel, a leading next-generation network technology services provider. Bank Street served as exclusive financial advisor to Nitel in connection with this transaction.
October 29, 2021 - Tachus announced a significant growth investment from Crosstimbers Capital Group to fund the accelerated expansion of its high-speed Internet network throughout the Greater Houston area. Bank Street served as exclusive financial advisor to Tachus in connection with this transaction.
October 20, 2021 - C Spire announced a definitive agreement to acquire Troy Cablevision, which serves consumers and businesses in Alabama's Wiregrass Region. Bank Street served as financial advisor to C Spire in connection with this transaction.
October 5, 2021 - Cox Communications completed its acquisition of the Commercial Services Business of Segra from EQT Infrastructure. Bank Street served as financial advisor to Segra in connection with this transaction.
October 4, 2021 - TIAA has partnered with Arcadian Infracom with an investment of up to $140 million to accelerate the company's fiber projects traversing the four-corners region of the Southwestern United States. Bank Street served as exclusive financial advisor to TIAA in connection with this transaction.
September 14, 2021 - LightEdge, a leading provider of colocation, cloud and managed service solutions, announced that GI Partners has acquired a controlling interest in the business. Bank Street served as exclusive financial advisor to LightEdge in connection with this transaction.
September 7, 2021 - Cincinnati Bell Inc. (NYSE: CBB) announced the completion of its acquisition by Macquarie Infrastructure Partners V in an all-cash transaction valued at approximately $2.9 billion. Bank Street served as financial advisor to Macquarie Infrastructure in connection with this transaction.
August 9, 2021 - USTC Corp. announced the acquisition of Comstar Supply, Inc., a national distributor of outside plant material and equipment for the broadband industry. Bank Street served as financial advisor to USTC Corp. in connection with this transaction.
July 22, 2021 - ATN International, Inc. (NASDAQ: ATNI) completed its previously announced acquisition of Alaska Communications Systems Group, Inc. in an all-cash transaction valued at $343 million. Bank Street served as financial advisor to ATN and Freedom 3 Capital in connection with this transaction.
July 22, 2021 - USTC Corp. announced the acquisition of Walker and Associates Inc., the premiere U.S. value-added distributor of telecommunications products and services, from the founding Walker family. Bank Street served as financial advisor to USTC Corp. in connection with this transaction.
July 16, 2021 - KKR announced a definitive agreement to acquire a majority stake in Telefónica Colombia's fiber network in a transaction valued at approximately $500 million. Bank Street served as financial advisor to KKR in connection with this transaction.
July 13, 2021 - Netrix announced the acquisition of the Managed IT Services Business Unit of Contegix, a portfolio company of Strattam Capital. Bank Street served as exclusive financial advisor to Contegix in connection with this transaction.
July 2, 2021 - KKR closed its acquisition of Telefónica Chile's fiber network in a transaction valued at approximately $1 billion. Bank Street served as financial advisor to KKR in connection with this transaction.
April 27, 2021 - Cox Communications announced a definitive agreement to acquire Segra's Commercial Services Business from EQT Infrastructure. Bank Street served as financial advisor to Segra in connection with this transaction.
April 21, 2021 - MetroNet announced new investments by KKR alongside Oak Hill Capital and the company's senior management team. Bank Street served as co-lead financial advisor to MetroNet in connection with this transaction.
April 19, 2021 - The Russian Direct Investment Fund alongside ER-Telecom and Talos Fund announced the formation of a leading autonomous cloud service in Russia based on the acquisition of Linxdatacenter. Bank Street served as financial advisor to Linxdatacenter in connection with this transaction.
March 19, 2021 - Beech Tree Private Equity announced a significant investment in Performanta, a fast-growing global provider of managed cyber security services to enterprise customers. Bank Street served as exclusive financial advisor to Performanta in connection with this transaction.
March 16, 2021 - DartPoints announced a definitive agreement to acquire Immedion, a provider of colocation, cloud, and managed services with eight data centers in South Carolina, North Carolina, Ohio and Indiana. Bank Street served as exclusive financial advisor to Immedion in connection with this transaction.
February 22, 2021 - KKR announced a definitive agreement to acquire Telefónica Chile's fiber network in a transaction valued at approximately $1 billion. Bank Street served as financial advisor to KKR in connection with this transaction.
January 26, 2021 - Bank Street was named a winner at the TMT M&A Awards 2020 as Communications Infrastructure & Services M&A Advisor in the Americas. With 10 qualifying deals during the judging period, Bank Street was ranked number one ahead of nine other global investment banks.
January 4, 2021 - ATN International (NASDAQ: ATNI) announced a definitive agreement to acquire Alaska Communications (NASDAQ: ALSK) in an all cash transaction valued at approximately $332 million. Bank Street served as exclusive financial advisor to ATN and Freedom 3 in connection with this transaction.
December 18, 2020 - FirstLight closed the acquisition of BestWeb, a New York-based provider of bandwidth infrastructure services. Bank Street served as exclusive financial advisor to BestWeb in connection with this transaction.
November 4, 2020 - Race Communications announced a partnership with Oak Hill Capital to accelerate its fiber-to-the-premises network expansion. Bank Street served as exclusive financial advisor to Race Communications in connection with this transaction.
October 27, 2020 - GeoLinks closed a significant minority investment from an investor group led by Rock Mountain Capital. Bank Street served as exclusive financial advisor to GeoLinks in connection with this transaction.
October 21, 2020 - DataBank announced a $30 million strategic investment in EdgePresence, an operator of multi-tenant, modular data centers. Bank Street served as exclusive financial advisor to EdgePresence in connection with this transaction.
October 9, 2020 - GeoLinks announced the acquisition of network assets, including fixed-wireless infrastructure and spectrum licenses from TPx Communications. Bank Street served as exclusive financial advisor to GeoLinks in connection with this transaction.
October 6, 2020 - 365 Data Centers has been acquired by Stonecourt Capital in partnership with Lumerity Capital and Longboat Advisors. Bank Street served as exclusive financial advisor to 365 Data Centers and Stonecourt Capital in connection with this transaction.
September 16, 2020 - FiberLight announced the successful completion of a strategic recapitalization, which included $325 million in financing from Guggenheim Partners. Bank Street served as exclusive financial advisor to FiberLight in connection with this transaction.
August 21, 2020 - Bank Street Group announced its role as exclusive financial advisor to UPSTACK in connection with the company’s capital raise from Metropolitan Partners Group and its acquisition of four technology infrastructure advisory firms.
August 4, 2020 - SBA Communications announced the acquisition of JAX NAP, owner and operator of the primary data center and carrier hotel in Jacksonville, FL. Bank Street served as exclusive financial advisor to JAX NAP in connection with this transaction.
June 3, 2020 - FirstLight announced a definitive agreement to acquire BestWeb, a New York-based provider of bandwidth infrastructure services. Bank Street served as exclusive financial advisor to BestWeb in connection with this transaction.
June 2, 2020 - Netrality Data Centers announced the acquisition of INAP's Houston data center colocation business. Bank Street served as exclusive financial advisor to INAP in connection with this transaction.
April 28, 2020 - Transtelco closed the acquisition of Neutrona Networks, a Software-Defined Network service provider with operations spanning Latin America and the Caribbean. Bank Street served as exclusive financial advisor to Neutrona in connection with this transaction.
April 27, 2020 - Everstream closed the acquisition of Rocket Fiber, a Detroit, MI-based gigabit internet and connectivity solutions provider. Bank Street served as exclusive financial advisor to Rocket Fiber in connection with this transaction.
April 16, 2020 - Grain Management closed the acquisition of Hunter Communications, a regional fiber optic network service provider based in Medford, OR. Bank Street served as exclusive financial advisor to Hunter in connection with this transaction.
April 14, 2020 - TierPoint closed a $320 million preferred equity investment from a consortium led by Argo Infrastructure Partners, Wafra and Macquarie Capital Principal Finance. Bank Street advised Argo Infrastructure Partners in connection with this transaction.
March 24, 2020 - TierPoint announced a $320 million preferred equity investment led by Argo Infrastructure Partners, Wafra and Macquarie Capital Principal Finance. Bank Street advised Argo Infrastructure Partners in connection with this transaction.
March 13, 2020 - Macquarie Infrastructure Partners entered into a definitive agreement to acquire Cincinnati Bell (NYSE: CBB) in a transaction valued at $2.9 billion. Bank Street served as financial advisor to Macquarie Infrastructure Partners in connection with this transaction.
February 26, 2020 - Cytracom, a leading provider of cloud-based voice and messaging solutions built exclusively for Managed Service Providers (MSPs), announced a majority investment from Sverica Capital. Bank Street served as exclusive financial advisor to Cytracom in connection with this transaction.
February 26, 2020 - Everstream announced a definitive agreement to acquire Detroit, MI-based gigabit internet and connectivity solutions provider Rocket Fiber. Bank Street served as exclusive financial advisor to Rocket Fiber in connection with this transaction.
February 4, 2020 - 365 Data Centers acquired the Commack, Long Island data center of mindSHIFT Technologies, a subsidiary of Ricoh. Bank Street served as exclusive financial advisor to mindSHIFT Technologies in connection with this transaction.
December 3, 2019 - AMP Capital completed the acquisition of Expedient, a leading U.S. provider of cloud computing and data center services, from Landmark Media Enterprises. Bank Street served as exclusive financial advisor to AMP Capital in connection with this transaction.
November 12, 2019 - Digital Colony announced the acquisition of Beanfield Metroconnect, an independent bandwidth infrastructure provider in Canada serving the enterprise, carrier and MDU markets. Bank Street served as exclusive financial advisor to Beanfield in connection with this transaction.
October 21, 2019 - AMP Capital agreed to acquire Expedient, a leading U.S. provider of cloud computing and data center services, from Landmark Media Enterprises. Bank Street served as exclusive financial advisor to AMP Capital in connection with this transaction.
September 9, 2019 - 365 Data Centers announced the acquisition of a 25,000 sq. ft. data center in Bridgewater, NJ from New York Internet. Bank Street served as exclusive financial advisor to New York Internet in connection with this transaction.
September 4, 2019 - Vast Broadband completed its acquisition of NTS Communications, a regional broadband fiber company serving 20,000 residential and business customers in Texas and Louisiana. Bank Street served as exclusive financial advisor to NTS in connection with this transaction.
August 20, 2019 - Grain Management announced the acquisition of Hunter Communications, a regional fiber optic network service provider. Bank Street served as exclusive financial advisor to Hunter in connection with this transaction.
August 12, 2019 - Momentum Telecom closed its previously announced acquisition of DCT Telecom Group, a provider of Cloud Voice and Network Solutions based in Cleveland, OH. Bank Street served as exclusive financial advisor to DCT in connection with this transaction.
April 8, 2019 - InSite Wireless Group announced the acquisition of Agile Networks, a provider of wireless infrastructure and solutions based on Canton, OH. Bank Street served as exclusive financial advisor to Agile in connection with this transaction.
April 19, 2019 - Momentum Telecom announced the acquisition of DCT Telecom Group, a provider of Cloud Voice and Network Solutions based in Cleveland, OH. Bank Street served as exclusive financial advisor to DCT in connection with this transaction.
April 17, 2019 - SDC Capital Partners closed a majority investment in SummitIG, a leading dark fiber infrastructure provider focused on the data center connectivity market in Northern and Central Virginia. Bank Street served as exclusive financial advisor to SummitIG in connection with this transaction.
April 3, 2019 - Colo Atl, a leading provider of carrier-neutral data center and interconnection solutions, has been acquired by American Tower Corporation. Bank Street served as exclusive financial advisor to Colo Atl in connection with this transaction.
March 19, 2019 - Telrite Holdings closed the acquisition of mobile virtual network operator (MVNO) Locus Telecommunications. Bank Street served as exclusive financial advisor to Locus in connection with this transaction.
January 11, 2019 - SDC Capital Partners announced a definitive agreement to make a majority investment in Summit Infrastructure Group alongside Columbia Capital and the company's leadership team. Bank Street served as exclusive financial advisor to SummitIG in connection with this transaction.
January 9, 2019 - Star America Infrastructure closed an investment to fund the Hammond, IN data center development of Digital Crossroads. Bank Street served as exclusive financial advisor to Digital Crossroads and Star America in connection with this transaction.
January 9, 2019 - Vast Broadband announces new growth phase with acquisition of NTS Communications and recapitalization by Pamlico Capital and Oak Hill Capital Partners. Bank Street served as exclusive financial advisor to NTS in connection with this transaction.
January 8, 2019 - Hostway and HOSTING have merged in a strategic transaction that creates one of the largest managed cloud services platforms in the world. Bank Street served as exclusive financial advisor to HOSTING in connection with this transaction.
November 12, 2018 - Cable ONE announced a definitive agreement to acquire regional fiber network operator Clearwave Communications. Bank Street served as financial advisor to Clearwave in connection with this transaction.
November 8, 2018 - Mphasis announced the acquisition of Stelligent, a technology services company specializing in DevOps automation on Amazon Web Services. Bank Street served as exclusive financial advisor to HOSTING and Stelligent in connection with this transaction.
November 5, 2018 - EdgeConneX announced the acquisition of the Warsaw, Poland data center operations of Linx Telecom. Bank Street served as exclusive financial advisor to Linx Telecom in connection with this transaction.
September 17, 2018 - ZenFi Networks closed its merger with Cross River Fiber, a portfolio company of Ridgemont Equity Partners. Bank Street served as exclusive financial advisor to both ZenFi and Cross River in connection with this transaction.
August 1, 2018 - C Spire closed the acquisition of Managed IT and Cloud Services company TekLinks from Pamlico Capital. Bank Street served as exclusive financial advisor to C Spire in connection with this transaction.
July 25, 2018 - Antin Infrastructure Partners closed the acquisition of leading regional Bandwidth Infrastructure provider FirstLight. Bank Street served as financial advisor to FirstLight in connection with this transaction.
July 2, 2018 - Court Square Capital Partners closed a majority investment in Momentum Telecom. Bank Street served as exclusive financial advisor to Momentum Telecom in connection with this transaction.
June 26, 2018 - C Spire announced the acquisition of Managed IT and Cloud Services company TekLinks from Pamlico Capital. Bank Street served as exclusive financial advisor to C Spire in connection with this transaction.
June 18, 2018 - Fusion Connect closed the acquisition Unified Communications and VoIP provider MegaPath for $71.5 million. Bank Street served as exclusive financial advisor to MegaPath in connection with this transaction.
May 31, 2018 - MC Credit Partners closed a $205 million debt refinancing for Rise Broadband, a leading fixed-wireless broadband provider. Bank Streeet served as exclusive financial advisor to MC Credit Partners in connection with this transaction.
May 10, 2018 - Fusion Connect announced a definitive agreement to acquire Unified Communications provider MegaPath for $71.5 million. Bank Street served as exclusive financial advisor to MegaPath in connection with this transaction.
April 24, 2018 - ZenFi Networks and Cross River Fiber agreed to merge in a transaction that will create the leading independent bandwidth infrastructure provider in New York and New Jersey. Bank Street served as exclusive financial advisor to both ZenFi and Cross River in connection with this transaction.
March 19, 2018 - Towerstream, a fixed-wireless broadband provider, announced that its board of directors has commenced the evaluation of strategic repositioning of the company and the retention of Bank Street as its independent financial advisor to explore strategic alternatives.
March 13, 2018 - Syringa Networks announced a definitive agreement to acquire the Boise, ID metro fiber assets of Level 3 from CenturyLink. Bank Street served as financial advisor to Syringa Networks in connection with this transaction.
March 12, 2018 - GTT Communications announced the acquisition of Accelerated Connections, a provider of managed networking, unified communications serving large distributed enterprise customers across Canada. Bank Street served as financial advisor to ACI in connection with this transaction.
March 12, 2018 - Momentum Telecom announced a definitive agreement through which Court Square Capital Partners will lead a majority equity investment alongside the company's senior management team. Bank Street served as financial advisor to Momentum Telecom in connection with this transaction.
February 20, 2018 - Antin Infrastructure Partners announced a definitive agreement to acquire Firstlight, a leading fiber-optic bandwidth infrastructure company operating in the Northeast United States. Bank Street served as financial advisor to FirstLight in connection with this transaction.
January 19, 2018 - Zayo announced the acquisition of Vancouver, British Columbia-based fiber network company Optic Zoo Networks for C$31 million. Bank Street served as exclusive financial advisor to Optic Zoo in connection with this transaction.
January 3, 2018 - LOGIX Fiber Networks announced the closing of its acquisition of Texas metro and regional fiber network company Alpheus Communications. Bank Street served as exclusive financial advisor to Alpheus in connection with this transaction.
November 8, 2017 - HKT Trust and PCCW Global have acquired Console Connect's advanced software platform, and Stephen Wilcox, founder of IX Reach, has acquired the company's global network assets. Bank Street served as exclusive financial advisor to Console Connect in connection with these transactions.
October 18, 2017 - FirstLight closed its previously announced acquisition of regional fiber optic network operator 186 Communications. Bank Street served as exclusive financial advisor to 186 Communications in connection with this transaction.
October 10, 2017 - Equinix closed its previously-announced acquisition of European data center and hybrid IT company Itconic from The Carlyle Group for $259 million. Bank Street served as exclusive financial advisor to Equinix in connection with this transaction.
September 27, 2017 - 365 Data Centers announced the acquisition of hybrid data center services provider Host.net from Novacap. Bank Street served as exclusive financial advisor to 365 Data Centers in connection with this transaction.
September 18, 2017 - ConvergeOne closed its previously announced acquisition of Rockefeller Group Technology Solutions, a Unified Communications pioneer based in New York. Bank Street served as exclusive financial advisor to RGTS in connection with this transaction.
September 11, 2017 - Equinix announced a definitive agreement to acquire Itconic from The Carlyle Group for $259 million. Bank Street served as exclusive financial advisor to Equinix in connection with this transaction.
July 12, 2017 - FirstLight Fiber announced a definitive agreement to acquire New England fiber optic network company 186 Communications. Bank Street served as exclusive financial advisor to 186 Communications in connection with this transaction.
June 26, 2017 - Crown Castle closed the acquisition of Wilcon, a California-based fiber optic network operator with approximately 1,900 route miles of fiber, primarily in Los Angeles and San Diego, for $600 million in cash. Bank Street served as exclusive financial advisor to Wilcon in connection with this transaction.
April 25, 2017 - 365 Data Centers was acquired by an investor group led by led by Chirisa Investments in partnership with Lumerity Capital and Longboat Advisors. Bank Street served as exclusive buy-side M&A advisor and placement agent for a senior secured credit facility in connection with this transaction.
April 18, 2017 - ConvergeOne, a portfolio company of Clearlake Capital, agreed to acquire Rockefeller Group Technology Solutions (RGTS). Bank Street served as exclusive financial advisor to Rockefeller Group International and RGTS in connection with this transaction.
April 17, 2017 - Crown Castle agreed to acquire WIlcon, a California-based fiber optic network and data center operator, for $600 million in cash. Bank Street served as exclusive financial advisor to Wilcon in connection with this transaction.
February 6, 2017 - The Carlyle Group closed the acquisition of a majority stake in CMC Networks, a Pan-African provider of managed connectivity solutions for global telecoms providers. Bank Street Group served as exclusive financial advisor to CMC Networks in connection with this transaction.
February 2, 2017 - CITIC Telecom International CPC Limited closed the acquisition of the telecommunication business of Linx Telecommunications B.V. Bank Street served as exclusive financial advisor to Linx Telecom in connection with this transaction.
January 23, 2017 - Lumos Networks closed its previously announced acquisition of Clarity Communications Group, which operates a 730 route mile fiber network in the Southeastern United States. Bank Street served as exclusive financial advisor to Clarity in connection with this transaction.
January 9, 2017 - GTT Communications closed its previously-announced acquisition of Hibernia Networks in a cash and stock transaction valued at approximately $610 milllion. Bank Street served as exclusive financial advisor to Hibernia Networks in connection with this transaction.
November 21, 2016 - The Carlyle Group agreed to acquire a majority stake of CMC Networks, a Pan-African provider of managed connectivity solutions for global telecoms providers. Bank Street Group served as exclusive financial advisor to CMC Networks in connection with this transaction.
November 9, 2016 - GTT Communications agreed to acquire Hibernia Networks in a cash and stock transaction valued at $590 million. Bank Street served as exclusive financial advisor to Hibernia Networks in connection with this transaction.
November 9, 2016 - Lumos Networks agreed to acquire Clarity Communications, which operates a 730 route mile fiber network in the Southeastern United States. Bank Street served as exclusive financial advisor to Clarity Communications in connection with this transaction.
September 8, 2016 - Oak Hill Capital Partners closed its previously announced acquisition of FirstLight Fiber from Riverside Partners. Bank Street served as exclusive financial advisor to FirstLight Fiber in connection with this transaction.
August 4, 2016 - Integra Telecom announced that it is splitting into two businesses, establishing Electric Lightwave as a fiber network pureplay serving more than 5,400 carrier, enterprise and institutional customers. Bank Street served as exclusive financial advisor to Integra in connection with the separation.
July 7, 2016 - Oak Hill Capital Partners announced a definitive agreement to acquire Oxford Networks, a leading fiber-optic bandwidth infrastructure services provider operating in Maine, New Hampshire and Massachusetts.
July 6, 2016 - Cox Communications announced a definitive agreement to make a strategic investment in Unite Private Networks alongside Ridgemont Equity Partners and the company’s management team. Bank Street served as lead financial advisor to UPN in connection with this transaction.
June 1, 2016 - Hibernia Networks announced a $165 million senior secured credit facility to refinance existing indebtedness and provide capacity for future growth. Bank Street served as Arranger and exclusive financial advisor to Hibernia Networks in connection with the financing.
May 12, 2016 - ZMC announced a majority investment in Education Networks of America, a leading provider of infrastructure as a service (IaaS) solutions to schools and libraries. Bank Street served as exclusive financial advisor to ENA in connection with this transaction.
May 9, 2016 - Bank Street announced its title sponsorship alongside co-sponsors Schneider Electric, WWE, Zen-Fi, Liquid Web, Alpheus and FirstComm, of the Second Annual Bank Street Invitational, which will held June 6th in Greenwich, CT.
March 23, 2016 - Oak Hill Capital Partners announced a definitive agreement to acquire FirstLight Fiber from Riverside Partners. Bank Street served as exclusive financial advisor to FirstLight in connection with this transaction.
March 7, 2016 - Bank Street announced the hire of Lawrence Askowitz as a a senior member of the firm's investment banking practice. During the course of his career, Askowitz has executed more than $200 billion of transactions for many of the leading companies in the telecom, media and technology sector.
February 1, 2016 - EarthLink announced the sale of its IT Services business to Synoptek in a transaction valued at $29 million. Bank Street served as exclusive financial advisor to EarthLink in connection with this transaction.
January 11, 2016 - Bank Street co-founder and senior managing director James Henry will participate in a panel discussion addressing bandwidth infrastructure sector dynamics and the outlook merger and acquisition activity on Tuesday, January 26th at Metro Connect USA 2016.
January 6, 2016 - Impact Telecom closed its previously announced merger with TNCI Operating Company forming a leading national Unified Communications platform. Bank Street served as exclusive financial advisor to Impact Telecom in connection with this transaction.
January 4, 2016 - Bank Street co-founder and senior managing director Richard Lukaj will participate in a panel discussion that will examine factors that will drive future telecom sector investments and M&A activity on Wednesday, January 20th at PTC'16.
November 16, 2015 - DRFortress announced that it secured a new debt financing facility led by Bank Street. The company will use the proceeds from this financing to refinance its outstanding senior and subordinated debt and to fund a portion of its data center expansion project.
November 5, 2015 - Impact Telecom, a leading provider of voice and messaging services to businesses, consumers and carriers, announced a definitive agreement to merge with TNCI Operating Company. Bank Street served as exclusive financial advisor to Impact in connection with this transaction._
November 3, 2015 - Synoptek, a global IT management and cloud computing company, announced a majority investment by Sverica Capital Management. Bank Street served as exclusive financial advisor to Synoptek in connection with this transaction.
October 13, 2015 - Integra closed its previously announced acquisition of opticAccess, a West Coast fiber optic network operator. Bank Street served as exclusive financial advisor to opticAccess in connection with this transaction.
September 7, 2015 - Richard Lukaj will present a keynote address describing the evolving infrastructure and services environment and strategic opportunities for ICT operators on a global basis on September 15th at the Huawei Global Services forum in Zurich, Switzerland.
August 18, 2015 - Integra, a provider of fiber-based, enterprise-grade networking, communications and technology solutions entered into a definitive agreement to acquire opticAccess. Bank Street served as exclusive financial advisor to opticAccess in connection with this transaction.
July 21, 2015 - PEG Bandwidth closed the acquisition of a 48-mile fiber network from W.L. Gore & Associates, a privately held, Newark, DE-based enterprise well known for GORE-TEX fabric. Bank Street serve as exclusive financial advisor to W.L. Gore in connection with this transaction.
June 19, 2015 - Sierra Wireless closed the acquisition of Accel Networks, a provider of 4G LTE managed connectivity services for distributed enterprises. Bank Street served as exclusive financial advisor to Accel Networks in connection with this transaction.
June 15, 2015 - Bank Street hosted the First Annual Bank Street Charity Invitational at Burning Tree Country Club in Greenwich, CT. The event raised more than $100,000 for the benefit of 12 participating charities.
May 27, 2015 - Liquid Web announced that it will receive a substantial investment by Madison Dearborn Partners, a leading private equity firm based in Chicago, IL. Bank Street served as exclusive financial advisor to Liquid Web in connection with this transaction.
May 7, 2015 - Sierra Wireless and Accel Networks announced that Sierra Wireless has entered into a definitive agreement to acquire Accel. The transaction is expected to close in June 2015.
April 13, 2015 - Bank Street co-founder and senior managing director James Henry will participate on a panel entitled Renewed M&A Activity & Valuation of the Data Center at The Fourth Annual Greater New York Data Center Summit in New York City at 2:00 PM ET on Tuesday, April 14th.
April 6, 2015 - Bank Street co-founder and senior managing director Richard Lukaj will participate on a panel entitled Practical Magic – Realizing Ancillary Benefits from Mergers and Acquisitions at COMPTEL PLUS in Orlando, FL at 8:30 AM ET on Wednesday, April 15th.
April 1, 2015 - GTT Communications closed the acquisition of MegaPath's Managed Network Services business. GTT paid $144.8 million in cash and $7.5 million in GTT common stock for the acquisition. Bank Street served as exclusive financial advisor to MegaPath in connection with this transaction.
February 23, 2015 - The Deal published an article highlighting Bank Street's role in the sale of MegaPath's Managed Network Services business to GTT Communications. The GTT transaction followed a sale by Bank Street of another MegaPath business to Global Capacity.
February 23, 2015 - Zayo closed its $675 million acquisition of the operating units of Latisys Holdings, a data center colocation and infrastructure as a service (IaaS) provider. Bank Street served as financial advisor to Latisys in connection with this transaction.
February 19, 2015 - MegaPath announced a definitive agreement to sell its Managed Network Services business to GTT Communications for $152.3 million. Bank Street served as exclusive financial advisor to MegaPath in connection with this transaction.
February 9, 2015 - Kinderhook Industries announced the acquisition of CSDVRS from an investor group comprised of M/C Partners, Providence Equity Partners and Communication Service for the Deaf. Bank Street served as exclusive financial advisor to CSDVRS in connection with this transaction.
February 9, 2015 - Synoptek announced the acquisition of Pay Per Cloud, a full service Cloud-hosting provider headquartered in Sacramento, California. Bank Street served as exclusive financial advisor to Pay Per Cloud in connection with this transaction.
January 6, 2015 - Global Capacity closed its acquisition of MegaPath’s Network Services business unit, creating a $300 million company uniquely positioned in the data network market. Bank Street served as exclusive financial advisor to MegaPath in connection with this transaction.
October 31, 2014 - Ridgemont Equity Partners closed the acquisition of a majority stake in Cross River Fiber alongside the company's senior management team. Bank Street served as exclusive financial advisor to Cross River Fiber in connection with this transaction.
October 1, 2014 - Integra closed the acquisition of WCI, bringing to Integra a sizable base of enterprise customers who now gain access to Integra’s vast network resources. Bank Street served as exclusive financial advisor to WCI in connection with this transaction.
October 1, 2014 - Windstream Communications announced the acquisition of Business Only Broadband, a Chicago, IL-based provider of broadband fixed-wireless services to enterprise and carrier customers. Bank Street served as exclusive financial advisor to BOB in connection with the transaction.
September 8, 2014 - Global Capacity, a leading international connectivity service provider, announced a definitive agreement to acquire the Network Services business unit of MegaPath. Bank Street served as exclusive financial advisor to MegaPath in connection with the transaction.
September 8, 2014 - Telecom Ramblings interviewed Bank Street regarding the implications of Crown Castle's acquisition of 24/7 Mid-Atlantic Network, which was the first-ever acquisition of a pureplay fiber network operator by a wireless infrastructure company.
August 13, 2014 – Ridgemont Equity Partners announced the acquisition of a majority stake in Cross River Fiber, a New Jersey-based dark fiber network solutions provider. Bank Street served as exclusive financial advisor to Cross River Fiber in connection with the transaction.
August 11, 2014 – 21Vianet announced the acquisition of the Virtual Private Network (VPN) business of DYXnet that covers more than 700 cities across Asia. Bank Street served as exclusive financial advisor to DYXnet in connection with the transaction.
August 6, 2014 - Alpheus Communications announced the acquisition of the retail data center colocation operations of StratITsphere in the Katy, TX energy corridor. Bank Street served as financial advisor to StratITsphere in connection with the transaction.
July 21, 2014 - Expereo announced that it entered into a definitive agreement under which The Carlyle Group will acquire a majority stake in the company. Bank Street served as exclusive financial advisor to Expereo in connection with this transaction.
July 14, 2014 - Integra announced the acquisition of World Communications, Inc. (WCI), a Seattle, WA-based provider of telecom and unified communications services. Bank Street served as exclusive financial advisor to WCI in connection with this transaction.
July 2, 2014 - Zayo Group announced the acquisition of AtlantaNAP, a data center and managed service provider based in Atlanta, GA. Bank Street served as exclusive financial advisor to AtlantaNAP in connection with this transaction.
July 1, 2014 - Court Square Capital Partners closed the acquisition of a majority stake in bandwidth infrastructure provider Conterra Ultra Broadband. Bank Street served as exclusive financial advisor to Conterra in connection with this transaction.
July 1, 2014 - NetBoss Technologies announced the acquisition of Ventraq, an innovative provider of large-scale data integration, network and business analytics, and personalization solutions for communication service providers (CSPs) and large enterprises.
June 12, 2014 - NOVACAP closed the acquisition Oxford Networks, a leading provider of fiber optic, data center and cloud-based services based in Lewiston, ME. As a result of this investment, NOVACAP now holds a majority stake in Oxford Networks with minority participation by Bank Street Capital Partners.
June 9, 2014 - Bank Street Co-Founder and Senior Managing Director James Henry has been selected to participate in a panel discussion at HostingCon 2014 entitled Hot or Not? Hosting Mergers and Acquisitions in 2014 on Monday, June 16th at the Miami Beach Convention Center in in Miami Beach, FL.
April 4, 2014 - Bank Street released its 4Q13 Commercial Services Market Sizing & Trending Survey that covers 40 publicly reporting companies across the U.S. fixed-line telecom and managed services sectors. 4Q13 results put the overall U.S. Commercial Services market at more than $100 billion of annual revenue.
March 20, 2014 - Court Square Capital Partners entered into a definitive agreement to acquire a majority stake in bandwidth infrastructure provider Conterra Broadband. Bank Street served as exclusive financial advisor to Conterra in connection with this transaction.
March 17, 2014 - Bank Street Co-Founder and Senior Managing Director James Henry has been selected to participate in a panel discussion entitled Spotlight on Mergers & Acquisitions: Outlook for 2014 at the COMPTEL PLUS Spring 2014 Convention & Expo on March 18th in Las Vegas, NV.
March 10, 2014 - Bank Street was selected as the winner of the Best Metro Advisor award in the Financial Institutions category of Capacity Media's 2014 Metro Connect Awards, which were presented during Metro Connect USA on February 27th at the Eden Roc Renaissance in Miami Beach, Florida.
March 10, 2014 - Bank Street Managing Director Steve Lee has been selected to participate in a panel discussion entitled Leveraging Infrastructure and Data Center Portfolios to Create Strategic Advantage and Mitigate Risk at the DatacenterDynamics Converged 2014 conference on March 11th in New York, NY.
January 27, 2014 - LoadSpring Solutions, a SaaS-based Project Management Solutions company serving Fortune 100 companies in key industry verticals worldwide, announced the closing of a $6 million growth equity investment led by Bank Street Capital Partners.
January 21, 2014 - Ricoh entered into a definitive agreement to buy mindSHIFT Technologies Inc., a leading provider of managed IT, cloud, data center and professional services , from Best Buy Co., Inc. Bank Street served as exclusive financial advisor to Best Buy in connection with this transaction.
January 13, 2014 – Bank Street Co-Founder and Senior Managing Director James Henry has been selected to participate in a panel discussion entitled Consolidation and M&A: Executive Evaluation at the 13th annual Metro Connect USA Conference in Miami, FL on February 27th.
November 26, 2013 - Internap closed the acquisition of iWeb for for a total purchase price of approximately $146 million. The company also closed on a $350 million senior credit facility that refinanced Internap's existing indebtedness and funded the acquisition of iWeb.
October 30, 2013 - Internap Network Services announced a definitive agreement to acquire hosting and cloud provider iWeb Group in a deal valued at approximately $145 million. Bank Street served as exclusive financial advisor to iWeb in connection with this transaction.
September 18, 2013 - LeaseWeb, one of the largest hosting providers in the world with more than 60,000 servers under management, announced the acquisition of Shore.net. Bank Street served as exclusive financial advisor to LeaseWeb in connection with this transaction.
July 2, 2013 - EarthLink closed the acquisition CenterBeam, a privately-owned company with a 13-year track record of delivering secure cloud-based IT services, for a total consideration of $22 million. Bank Street served as exclusive financial advisor to EarthLink in connection with this transaction.
June 17, 2013 - Bank Street served as exclusive financial advisor to EarthLink in connection with its acquisition of CenterBeam, a privately held provider of cloud computing and hosted IT services, in an all-cash transaction valued at $22 million.
June 12, 2013 - Bank Street served as exclusive financial advisor to Worknet in connection with its sale to OnX Enterprise Solutions, strengthening and accelerating OnX's position in the cloud and managed Services market and extending its data center footprint to include both the U.S. and Canada.
June 10, 3013 - Bank Street served as a joint lead arranger for a $135 million senior secured debt financing for Alpheus Communications, a portfolio company of The Gores Group. The new credit facility will refinance existing indebtedness and provide a platform for the company's future growth initiatives.
June 5, 2013 - Bank Street announced the expansion of its debt capital markets capabilities to go beyond the firm’s traditional role as a placement agent for leveraged loan transactions, aligning with large institutional pools of capital with broad credit capacity and significant experience in its core industry verticals.
June 3, 2013 - Impact Telecom closed the acquisition of Matrix Telecom and AmericaTel, operating under the brand names Matrix, AmericaTel, Excel, Trinsic, Startec and Zero11 wireless. Bank Street served as exclusive financial advisor to Matrix Telecom and AmericaTel in connection with this transaction.
May 31, 2013 - Level 3 Communications closed the acquisition of IP Networks, a San Francisco-based metro fiber network operator utilizing the rights-of-way of Pacific Gas & Electric. Terms of the transaction were not disclosed.
May 30, 2013 - Bank Street Managing Director Jon Vanden Heuvel will participate as a panelist discussing the financial and strategic dynamics of the international data center market at IMN's Financing, Investing & Real Estate Development for Data Centers on May 31st in New York, NY.
May 7, 2013 - Canadian bandwidth infrastructure provider Fibrenoire acquired two fibre network operators in Montréal, establishing the company with the largest independent fibre footprint in Québec with a 1,500 kilometre network serving more than 500 commercial buildings and 39 data centers.
April 30, 2013 - Global Telecom & Technology (GTT) announced the acquisition of the Tinet global data networking and IP transit business from Inteliquent in a transaction valued at $54.5 million. Bank Street served as exclusive financial advisor to GTT in connection with this transaction.
April 22, 2013 - Bank Street senior managing director Rich Lukaj will participate in a roundtable discussion entitled “How do the financial markets impact investment in the submarine cable sector?” at the SubOptic 2013 conference, which is being held April 22nd-25th in Paris, France.
March 21, 2013 - Bank Street managing director Steve Lee was interviewed at the DatacenterDynamics Converged conference in New York regarding the future of pureplay data center colocation providers in a world where customers are increasingly demanding hybrid Infrastructure-as-as-Service (IaaS) solutions.
March 11, 2013 - Bank Street senior managing director James Henry will moderate the Grand Theft Copper panel at Comptel in Las Vegas on March 12th. The panel will address the implications to competitive carriers of the critical issue of Copper Retirement by the incumbent local exchange carriers (ILECs).
March 11, 2013 - Bank Street managing director Steve Lee will participate in the Finance & Investment Strategies for Data Center Projects panel at Datacenter Dynamics Converged 2013 in New York on March 12th. Steve's fellow panelists include John Sabey of Sabey Data Centers and Simon Lee of Sapience Capital.
February 20, 2013 - Impact Telecom agreed to acquire Matrix Telecom and Americatel, inclusive of all entities operating under the brand names Matrix, AmericaTel, Excel, Trinsic, Startec and Zero11 Wireless. Bank Street served as exclusive financial advisor to the seller in connection with this transaction.
January 17, 2013 - Hibernia Networks closed a $52.5 million debt refinancing that will pay off existing indebtedness and will provide incremental liquidity for growth and for working capital. Bank Street served as exclusive financial advisor and sole placement agent in connection with the refinancing.
January 10, 2013 - Wave Broadband announced the closing of its $50 million acquisition of Black Rock Cable, provider of dark fiber services for carrier and enterprise customers in Washington State. Bank Street served as exclusive financial advisor to Black Rock in connection with this transaction.
January 3, 2013 – Quality Technology Services (QTS) acquired Herakles, a world-class data center facility in Sacramento, CA. This state-of-the-art 92,000 sq. ft. Tier III data center offers 52,600 sq. ft. of raised floor space and 9.0 megawatts (MW) of power capacity in seismically-neutral Sacramento.
December 28, 2012 – Bank Street released its proprietary 4Q12 Commercial Services Market Sizing & Trending Survey. Commercial Services revenue for the companies in our survey was $24.9 billion for the quarter ending September 30, 2012, down 0.4% sequentially.
December 14, 2012 – Zayo Group completed its previously announced purchase of First Telecom Services, LLC (FTS), a provider of bandwidth infrastructure services throughout the Northeastern and Midwestern United States, for a price of $110 million.
November 1, 2012 - Equinix closed its previously announced sale of 16 non-core data centers to an investor group comprised of 365 Main, Crosslink Capital and Housatonic Partners. Bank Street served as exclusive financial advisor to Equinix in connection with this transaction.
October 17, 2012 – Zayo Group announced that it has executed a definitive agreement to purchase First Telecom Services (FTS) for a price of $110 million. Bank Street served as exclusive financial advisor to FTS in connection with this transaction.
September 24, 2012 – Stratus Technologies announced the acquisition of Marathon Technologies, a privately held developer of application availability solutions. Bank Street served as exclusive financial advisor to Marathon Technologies in connection with the deal.
September 20, 2012 – Wave Broadband announced the acquisition of Black Rock Cable, a provider of dark fiber services to carrier and enterprise customers in Washington State. Bank Street served as exclusive financial advisor to Black Rock in connection with the deal.
September 4, 2012 – Equinix announced the sale of 16 non-core data centers to an investor group comprised of 365 Main, Crosslink Capital and Housatonic Partners. Bank Street served as exclusive financial advisor to Equinix in connection with the deal.
July 15, 2012 – Endurance International closed its acquisition of Host Gator in an all-cash transaction valued at approximately $300 million. Bank Street served as exclusive financial advisor to HostGator in connection with this transaction.
May 16, 2012 – Equinix, Inc. announced the acquisition of Frankfurt-based ancotel GmbH, a leading provider of carrier-neutral colocation and interconnection services in Europe. Bank Street served as exclusive financial advisor to ancotel in connection with this transaction.
May 1, 2012 – Global Telecom & Technology, Inc. announced the acquisition of privately-held, Chicago-based nLayer Communications, Inc. Bank Street served as exclusive financial advisor to nLayer in connection with this transaction.
February 22, 2012 – James Henry has been selected to moderate and lead a panel discussion entitled Metro Market Financial Intelligence at the 11th Annual Metro Connect USA Conference in Miami, FL on February 28 and 29, 2012.
January 3, 2012 – Zayo Group's data center subsidiary zColo announced the acquisition of MarquisNet’s data-center business in Las Vegas, Nevada. The 28,000 square foot data center, located at 7185 Pollock Drive, will be the twelfth zColo Colocation facility.
July 24, 2024 - T-Mobile (NASDAQ: TMUS) and KKR (NYSE: KKR) announced the formation of joint venture to acquire Metronet, the leading independent fiber-to-the-home platform company in the U.S. Bank Street served as financial advisor to Metronet in connection with the transaction.
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July 22, 2024 - Grain Management announced the completion of its majority investment in 123NET, a premier provider of fiber internet, colocation and voice services in Michigan. Bank Street served as exclusive financial advisor to 123NET in connection with the transaction.
July 17, 2024 - Snowhawk announced a majority investment in SecureVision, the premiere provider of bulk fiber connectivity services for resort communities along the Alabama and Florida Gulf Coast. Bank Street served as exclusive financial advisor to SecureVision in connection with the transaction.
May 16, 2024 - Boldyn Networks completed the acquisition of Apogee, the leading provider of on-campus connectivity infrastructure to the U.S. Higher Education market. Bank Street served as exclusive financial advisor to Boldyn in connection with the transaction.
May 3, 2024 - Uniti (NASDAQ: UNIT) announced a definitive agreement to merge with Windstream in a deal valued at approximately $11.4 billion. Bank Street served as financial advisor to Uniti in connection with the transaction.
April 25, 2024 - T-Mobile (NASDAQ: TMUS) and EQT announced a joint venture to acquire fiber-to-the-home platform company Lumos. Bank Street served as exclusive financial advisor to Lumos and advisor to EQT in connection with the joint venture with T-Mobile.
April 22, 2024 - Grain Management announced a majority investment in 123NET, a premier provider of fiber internet, colocation and voice services in Michigan. Bank Street served as exclusive financial advisor to 123NET in connection with this transaction.
April 1, 2024 - Shentel completed its acquisition of Horizon from an investor group comprised of Novacap and GCM Grosvenor in a transaction valued at $385 million. Bank Street served as exclusive financial advisor to Horizon in connection with this transaction.
March 6, 2024 - Boldyn Networks announced a definitive agreement to acquire Apogee, the leading provider of on-campus connectivity infrastructure in the U.S. Higher Education sector. Bank Street served as exclusive financial advisor to Boldyn in connection with this transaction.
February 29, 2024 - Ares Management has completed a strategic growth investment in Bluepeak, a leading provider of fiber broadband services across the Great Plains region. Bank Street served as lead financial advisor to Bluepeak in connection with this transaction.
February 15, 2024 - Grain Management completed its acquisition of Quintillion, the leading provider of fiber-based connectivity in Alaska and the North American Arctic. Bank Street served as exclusive financial advisor to Quintillion in connection with this transaction.
January 22, 2024 - Bank Street's Paul Vasilopoulos and Jack Elgart shared their insights on the impact of federal rate hikes on funding, joint ventures and securitizations in the January 2024 edition of InterGlobix Magazine.
January 10, 2024 - Novacap announced the acquisition of All West Communications, a fiber-based provider of data, video and voice services to residential, commercial and carrier customers in Utah and Wyoming. Bank Street served as exclusive financial advisor to Novacap in connection with this transaction.
January 4, 2024 - Oak Hill Capital announced the acquisition of Wire 3, a leading fiber-to-the-home operator in Florida, and a commitment to invest up to $250 million to accelerate the expansion of the company's network. Bank Street served as exclusive financial advisor to Wire 3 in connection with this transaction.
December 14, 2023 - Connext Networks announced the successful completion of a $70 million credit facility arranged by Woodforest National Bank. Bank Street served as exclusive financial advisor and placement agent to Connext Networks in connection with this transaction.
December 8, 2023 - Mereo Networks announced a significant growth investment from Macquarie Capital, WaveDivision Capital and Freedom 3 Capital. Bank Street served as lead financial advisor to Mereo in connection with this transaction.
November 30, 2023 - DIF Capital Partners portfolio company Tonaquint Data Centers completed the acquisition of EdgeX Data Centers in Oklahoma City. Bank Street served as exclusive financial advisor to Tonaquint in connection with this transaction.
November 8, 2023 - Palisade Infrastructure completed the acquisition of Rainier Connect, which has been rebranded as Lightcurve. Bank Street served as exclusive financial advisor to Rainier Connect in connection with this transaction.
October 26, 2023 - Macquarie Asset Management announced a structured equity investment in SwyftFiber. Bank Street served as exclusive financial advisor to Macquarie Asset Management in connection with this transaction.
October 26, 2023 - Vero Fiber Networks secured a $115 million credit facility jointly arranged by Hancock Whitney Bank and Woodforest Bank. Bank Street served as exclusive financial advisor and placement agent to Vero in connection with this transaction.
October 24, 2023 - Shentel (NASDAQ: SHEN) announced a definitive agreement to acquire Horizon from an investor group comprised of Novacap and GCM Grosvenor in a transaction valued at $385 million. Bank Street served as exclusive financial advisor to Horizon in connection with this transaction.
October 18, 2023 - Great Works Internet closed an investment from Mac Mountain that will fund the accelerated growth of the company's fiber optic network expansion in New England. Bank Street served as exclusive financial advisor to GWI in connection with this transaction.
August 3, 2023 - Seaport Capital completed the acquisition of CyberlinkASP, a managed service provider offering fully-outsourced IT services to business and enterprise customers, from Staple Street Capital. Bank Street served as exclusive financial advisor to CyberlinkASP in connection with this transaction.
July 10, 2023 - Infratil announced an agreement to make a majority investment in Console Connect in partnership with HTK. Bank Street served as exclusive financial advisor to Infratil in connection with this transaction.
July 6, 2023 - Cox Communications completed the acquisition of full ownership of Unite Private Networks from an investor group led by Ridgemont Equity Partners. Bank Street served as exclusive financial advisor to Ridgemont in connection with this transaction.
June 27, 2023 - GeoLinks announced the receipt of a significant minority investment from JLC Infrastructure. Bank Street served as exclusive financial advisor to GeoLinks in connection with this transaction.
May 15, 2023 - Cox Communications announced a definitive agreement to acquire the remaining interest in Unite Private Networks from an investor group led by Ridgemont Equity Partners. Bank Street served as exclusive financial advisor to Ridgemont in connection with this transaction.
May 4, 2023 - Lit Communities announced a majority investment from Oak Hill Capital to fund the company's accelerated broadband deployment. Bank Street served as exclusive financial advisor to Lit Communities in connection with this transaction.
April 3, 2023 - Grain Management announced a definitive agreement to acquire Quintillion, the leading provider of fiber-based connectivity in the American Arctic. Bank Street served as exclusive financial advisor to Quintillion in connection with this transaction.
March 27, 2023 - Basalt Infrastructure Partners announced a definitive agreement to acquire Fatbeam from SDC Capital Partners. Bank Street served as exclusive financial advisor to Fatbeam in connection with this transaction.
February 22, 2023 - Wafra and Post Road Group announced an investment in Intermountain Infrastructure Group, a leading fiber infrastructure developer and operator. Bank Street served as exclusive financial advisor to IIG in connection with this transaction.
February 19, 2023 - Gateway Fiber announced a new financial partnership with leading global real assets manager CBRE Investment Management. Bank Street served as exclusive financial advisor to Gateway Fiber in connection with this transaction.
February 15, 2023 - GTCR portfolio company Point Broadband announced a significant growth investment from Berkshire Partners. Bank Street served as financial advisor to Point Broadband in connection with this transaction.
February 15, 2023 - Igneo Infrastructure Partners, a global infrastructure investment manager with US$16.5 billion in assets, completed its acquisition of US Signal. Bank Street served as exclusive financial advisor to US Signal in connection with this transaction.
January 27, 2023 - CBRE Investment Management announced a definitive agreement to acquire Gateway Fiber from Crosstimbers Capital Group. Bank Street served as exclusive financial advisor to Gateway Fiber in connection with this transaction.
January 10, 2023 - DIF Capital Partners announced the acquisition of U.S. data center platform Tonaquint Data Centers. Bank Street served as exclusive financial advisor to Tonaquint in connection with this transaction.
December 13, 2022 - Amplix, a leading provider of technology advisory services, announced a definitive agreement to be acquired by Gemspring Capital. Bank Street served as financial advisor to Amplix in connection with this transaction.
December 7, 2022 - Rainier Connect announced a definitive agreement to be acquired by Palisade Infrastructure. Bank Street served as financial advisor to Rainier Connect in connection with this transaction.
December 1, 2022 - Consolidated Communications completed the sale of its Kansas City assets to Astatine Investment Partners. Bank Street served as financial advisor to Consolidated in connection with this transaction.
November 29, 2022 - Novacap announced a definitive agreement to acquire fiber-based broadband provider All West Communications. Bank Street served as financial advisor to Novacap in connection with this transaction.
November 17, 2022 - BAI Communications completed the acquisition of New York digital infrastructure platform ZenFi Networks. Bank Street served as financial advisor to ZenFi in connection with this transaction.
September 28, 2022 - Evocative completed the acquisition of the majority of INAP's data center facilities. The acquisition consisted of 9 data centers, including colocation and related network services. Bank Street served as financial advisor to INAP in connection with this transaction.
September 14, 2022 - Evocative agreed to acquire the majority of INAP's data center facilities. The acquisition will consist of 9 data centers, including colocation and related network services. Bank Street served as financial advisor to INAP in connection with this transaction.
September 12, 2022 - Igneo Infrastructure Partners announced a definitive agreement to acquire US Signal, a leading provider of network, data center, cloud hosting and data protection services. Bank Street served as exclusive financial advisor to US Signal in connection with this transaction.
July 26, 2022 - New York digital infrastructure platform ZenFi Networks announced a definitive agreement to be acquired by BAI Communications. Bank Street served as exclusive financial advisor to ZenFi in connection with this transaction.
July 25, 2022 - Fusion Connect announced an agreement to transition Intrado’s enterprise voice and network clients to a leading set of strategic communication services offered by Fusion Connect.
June 30, 2022 - FiberLight announced a definitive agreement to be acquired by an investor group led by Morrison & Co. Bank Street served as exclusive financial advisor to FiberLight in connection with this transaction.
June 20, 2022 - USTC Corp, a value-added distributor and one-stop shop for materials, distribution and logistics solutions, announced the acquisition of Multicom. Bank Street served as exclusive financial advisor to USTC Corp in connection with this transaction.
May 23, 2022 - ZenFi Networks announced a $175 million senior secured credit facility to support the company's continued growth initiatives. Bank Street served as exclusive financial advisor and placement agent to ZenFi in connection with this transaction.
May 9, 2022 - Digital Alpha portfolio company Unitas Global announced the acquisition of INAP’s Network Business, enhancing the company’s portfolio of network service offerings that enable hybrid cloud environments. Bank Street served as financial advisor to INAP in connection with this transaction.
May 4, 2022 - DIF Capital Partners announced a growth capital investment in Airtower Networks, a leading developer and operator of wireless infrastructure. Bank Street served as exclusive financial advisor to DIF Capital in connection with this transaction.
April 26, 2022 - LightEdge, a leading provider of colocation, cloud and managed service solutions, announced the acquisition of NFINIT, an infrastructure solutions provider based in San Diego, CA. Bank Street served as exclusive financial advisor to NFINIT in connection with this transaction.
April 12, 2022 - VPLS announced the expansion of its global footprint with the acquisition of Carrier-1’s data center in Dallas, TX. Bank Street served as exclusive financial advisor to Carrier-1 in connection with this transaction.
April 11, 2022 - Phoenix Tower International announced the acquisition of Technology Associates EC, a leading provider of wireless infrastructure services in the Western United States. Bank Street served as exclusive financial advisor to TAEC in connection with this transaction.
March 29, 2022 - Lingo announced a definitive agreement to acquire BullsEye Telecom, a leading cloud communications and technology service provider. Bank Street served as exclusive financial advisor to BullsEye in connection with this transaction.
March 7, 2022 - Greenlight Networks announced a definitive agreement to receive a majority investment from Oak Hill Capital. Bank Street served as exclusive financial advisor to Greenlight in connection with this transaction.
March 3, 2022 - Consolidated Communications announced a definitive agreement to sell its Kansas City operations to Alinda Capital Partners. Bank Street served as exclusive financial advisor to Consolidated in connection with this transaction.
February 17, 2022 - Goldman Sachs Asset Management announced a definitive agreement to acquire ImOn Communications, a Cedar Rapids, Iowa-based fiber-to-the-premise broadband company. Bank Street served as exclusive financial advisor to ImOn in connection with this transaction.
February 1, 2022 - Global investment firm Carlyle completed its acquisition of data center and hybrid IT infrastructure company Involta from M/C Partners. Bank Street served as exclusive financial advisor to Involta in connection with this transaction.
January 31, 2022 - H5 Data Centers announced the acquisition of seven data centers from vXchnge. Bank Street served as exclusive financial advisor to vXchnge in connection with this transaction.
January 14, 2022 - Cordiant Digital Infrastructure completed its acquisition of DataGryd Data Centers in a transaction valued at $74 million. Bank Street served as exclusive financial advisor to DataGryd in connection with this transaction.
January 12, 2022 - KKR completed its acquisition of a majority stake in Telefónica Colombia's fiber network in a transaction valued at approximately $500 million. Bank Street served as financial advisor to KKR in connection with this transaction.
January 3, 2022 - Cable One completed the formation of its Clearwave Fiber partnership with GTCR, Stephens Group and The Pritzger Organization. Bank Street served as lead financial advisor to Cable One in connection with this transaction.
December 28, 2022 - C Spire completed the acquisition of Troy Cablevision, which serves consumers and businesses in Alabama's Wiregrass Region. Bank Street served as financial advisor to C Spire in connection with this transaction.
December 28, 2021 - Cinven completed a majority investment in Nitel, a leading next-generation network technology services provider. Bank Street served as exclusive financial advisor to Nitel in connection with this transaction.
December 22, 2021 - Global investment firm Carlyle announced a definitive agreement to acquire data center and hybrid IT infrastructure company Involta from M/C Partners. Bank Street served as exclusive financial advisor to Involta in connection with this transaction.
December 7, 2021 - Wire 3 Holdings announced the receipt of equity financing from Guggenheim Investments to fuel its Fiber-to-the-Home expansion in Florida, including Volusia and Brevard Counties. Bank Street served as financial advisor to Wire 3 in connection with this transaction.
December 1, 2021 - Bank Street was named a winner at the TMT M&A Awards 2021 as Communications Infrastructure & Services M&A Advisor in the Americas based on the number of transactions executed during the year.
November 18, 2021 - Cinven announced a majority investment in Nitel, a leading next-generation network technology services provider. Bank Street served as exclusive financial advisor to Nitel in connection with this transaction.
October 29, 2021 - Tachus announced a significant growth investment from Crosstimbers Capital Group to fund the accelerated expansion of its high-speed Internet network throughout the Greater Houston area. Bank Street served as exclusive financial advisor to Tachus in connection with this transaction.
October 20, 2021 - C Spire announced a definitive agreement to acquire Troy Cablevision, which serves consumers and businesses in Alabama's Wiregrass Region. Bank Street served as financial advisor to C Spire in connection with this transaction.
October 5, 2021 - Cox Communications completed its acquisition of the Commercial Services Business of Segra from EQT Infrastructure. Bank Street served as financial advisor to Segra in connection with this transaction.
October 4, 2021 - TIAA has partnered with Arcadian Infracom with an investment of up to $140 million to accelerate the company's fiber projects traversing the four-corners region of the Southwestern United States. Bank Street served as exclusive financial advisor to TIAA in connection with this transaction.
September 14, 2021 - LightEdge, a leading provider of colocation, cloud and managed service solutions, announced that GI Partners has acquired a controlling interest in the business. Bank Street served as exclusive financial advisor to LightEdge in connection with this transaction.
September 7, 2021 - Cincinnati Bell Inc. (NYSE: CBB) announced the completion of its acquisition by Macquarie Infrastructure Partners V in an all-cash transaction valued at approximately $2.9 billion. Bank Street served as financial advisor to Macquarie Infrastructure in connection with this transaction.
August 9, 2021 - USTC Corp. announced the acquisition of Comstar Supply, Inc., a national distributor of outside plant material and equipment for the broadband industry. Bank Street served as financial advisor to USTC Corp. in connection with this transaction.
July 22, 2021 - ATN International, Inc. (NASDAQ: ATNI) completed its previously announced acquisition of Alaska Communications Systems Group, Inc. in an all-cash transaction valued at $343 million. Bank Street served as financial advisor to ATN and Freedom 3 Capital in connection with this transaction.
July 22, 2021 - USTC Corp. announced the acquisition of Walker and Associates Inc., the premiere U.S. value-added distributor of telecommunications products and services, from the founding Walker family. Bank Street served as financial advisor to USTC Corp. in connection with this transaction.
July 16, 2021 - KKR announced a definitive agreement to acquire a majority stake in Telefónica Colombia's fiber network in a transaction valued at approximately $500 million. Bank Street served as financial advisor to KKR in connection with this transaction.
July 13, 2021 - Netrix announced the acquisition of the Managed IT Services Business Unit of Contegix, a portfolio company of Strattam Capital. Bank Street served as exclusive financial advisor to Contegix in connection with this transaction.
July 2, 2021 - KKR closed its acquisition of Telefónica Chile's fiber network in a transaction valued at approximately $1 billion. Bank Street served as financial advisor to KKR in connection with this transaction.
April 27, 2021 - Cox Communications announced a definitive agreement to acquire Segra's Commercial Services Business from EQT Infrastructure. Bank Street served as financial advisor to Segra in connection with this transaction.
April 21, 2021 - MetroNet announced new investments by KKR alongside Oak Hill Capital and the company's senior management team. Bank Street served as co-lead financial advisor to MetroNet in connection with this transaction.
April 19, 2021 - The Russian Direct Investment Fund alongside ER-Telecom and Talos Fund announced the formation of a leading autonomous cloud service in Russia based on the acquisition of Linxdatacenter. Bank Street served as financial advisor to Linxdatacenter in connection with this transaction.
March 19, 2021 - Beech Tree Private Equity announced a significant investment in Performanta, a fast-growing global provider of managed cyber security services to enterprise customers. Bank Street served as exclusive financial advisor to Performanta in connection with this transaction.
March 16, 2021 - DartPoints announced a definitive agreement to acquire Immedion, a provider of colocation, cloud, and managed services with eight data centers in South Carolina, North Carolina, Ohio and Indiana. Bank Street served as exclusive financial advisor to Immedion in connection with this transaction.
February 22, 2021 - KKR announced a definitive agreement to acquire Telefónica Chile's fiber network in a transaction valued at approximately $1 billion. Bank Street served as financial advisor to KKR in connection with this transaction.
January 26, 2021 - Bank Street was named a winner at the TMT M&A Awards 2020 as Communications Infrastructure & Services M&A Advisor in the Americas. With 10 qualifying deals during the judging period, Bank Street was ranked number one ahead of nine other global investment banks.
January 4, 2021 - ATN International (NASDAQ: ATNI) announced a definitive agreement to acquire Alaska Communications (NASDAQ: ALSK) in an all cash transaction valued at approximately $332 million. Bank Street served as exclusive financial advisor to ATN and Freedom 3 in connection with this transaction.
December 18, 2020 - FirstLight closed the acquisition of BestWeb, a New York-based provider of bandwidth infrastructure services. Bank Street served as exclusive financial advisor to BestWeb in connection with this transaction.
November 4, 2020 - Race Communications announced a partnership with Oak Hill Capital to accelerate its fiber-to-the-premises network expansion. Bank Street served as exclusive financial advisor to Race Communications in connection with this transaction.
October 27, 2020 - GeoLinks closed a significant minority investment from an investor group led by Rock Mountain Capital. Bank Street served as exclusive financial advisor to GeoLinks in connection with this transaction.
October 21, 2020 - DataBank announced a $30 million strategic investment in EdgePresence, an operator of multi-tenant, modular data centers. Bank Street served as exclusive financial advisor to EdgePresence in connection with this transaction.
October 9, 2020 - GeoLinks announced the acquisition of network assets, including fixed-wireless infrastructure and spectrum licenses from TPx Communications. Bank Street served as exclusive financial advisor to GeoLinks in connection with this transaction.
October 6, 2020 - 365 Data Centers has been acquired by Stonecourt Capital in partnership with Lumerity Capital and Longboat Advisors. Bank Street served as exclusive financial advisor to 365 Data Centers and Stonecourt Capital in connection with this transaction.
September 16, 2020 - FiberLight announced the successful completion of a strategic recapitalization, which included $325 million in financing from Guggenheim Partners. Bank Street served as exclusive financial advisor to FiberLight in connection with this transaction.
August 21, 2020 - Bank Street Group announced its role as exclusive financial advisor to UPSTACK in connection with the company’s capital raise from Metropolitan Partners Group and its acquisition of four technology infrastructure advisory firms.
August 4, 2020 - SBA Communications announced the acquisition of JAX NAP, owner and operator of the primary data center and carrier hotel in Jacksonville, FL. Bank Street served as exclusive financial advisor to JAX NAP in connection with this transaction.
June 3, 2020 - FirstLight announced a definitive agreement to acquire BestWeb, a New York-based provider of bandwidth infrastructure services. Bank Street served as exclusive financial advisor to BestWeb in connection with this transaction.
June 2, 2020 - Netrality Data Centers announced the acquisition of INAP's Houston data center colocation business. Bank Street served as exclusive financial advisor to INAP in connection with this transaction.
April 28, 2020 - Transtelco closed the acquisition of Neutrona Networks, a Software-Defined Network service provider with operations spanning Latin America and the Caribbean. Bank Street served as exclusive financial advisor to Neutrona in connection with this transaction.
April 27, 2020 - Everstream closed the acquisition of Rocket Fiber, a Detroit, MI-based gigabit internet and connectivity solutions provider. Bank Street served as exclusive financial advisor to Rocket Fiber in connection with this transaction.
April 16, 2020 - Grain Management closed the acquisition of Hunter Communications, a regional fiber optic network service provider based in Medford, OR. Bank Street served as exclusive financial advisor to Hunter in connection with this transaction.
April 14, 2020 - TierPoint closed a $320 million preferred equity investment from a consortium led by Argo Infrastructure Partners, Wafra and Macquarie Capital Principal Finance. Bank Street advised Argo Infrastructure Partners in connection with this transaction.
March 24, 2020 - TierPoint announced a $320 million preferred equity investment led by Argo Infrastructure Partners, Wafra and Macquarie Capital Principal Finance. Bank Street advised Argo Infrastructure Partners in connection with this transaction.
March 13, 2020 - Macquarie Infrastructure Partners entered into a definitive agreement to acquire Cincinnati Bell (NYSE: CBB) in a transaction valued at $2.9 billion. Bank Street served as financial advisor to Macquarie Infrastructure Partners in connection with this transaction.
February 26, 2020 - Cytracom, a leading provider of cloud-based voice and messaging solutions built exclusively for Managed Service Providers (MSPs), announced a majority investment from Sverica Capital. Bank Street served as exclusive financial advisor to Cytracom in connection with this transaction.
February 26, 2020 - Everstream announced a definitive agreement to acquire Detroit, MI-based gigabit internet and connectivity solutions provider Rocket Fiber. Bank Street served as exclusive financial advisor to Rocket Fiber in connection with this transaction.
February 4, 2020 - 365 Data Centers acquired the Commack, Long Island data center of mindSHIFT Technologies, a subsidiary of Ricoh. Bank Street served as exclusive financial advisor to mindSHIFT Technologies in connection with this transaction.
December 3, 2019 - AMP Capital completed the acquisition of Expedient, a leading U.S. provider of cloud computing and data center services, from Landmark Media Enterprises. Bank Street served as exclusive financial advisor to AMP Capital in connection with this transaction.
November 12, 2019 - Digital Colony announced the acquisition of Beanfield Metroconnect, an independent bandwidth infrastructure provider in Canada serving the enterprise, carrier and MDU markets. Bank Street served as exclusive financial advisor to Beanfield in connection with this transaction.
October 21, 2019 - AMP Capital agreed to acquire Expedient, a leading U.S. provider of cloud computing and data center services, from Landmark Media Enterprises. Bank Street served as exclusive financial advisor to AMP Capital in connection with this transaction.
September 9, 2019 - 365 Data Centers announced the acquisition of a 25,000 sq. ft. data center in Bridgewater, NJ from New York Internet. Bank Street served as exclusive financial advisor to New York Internet in connection with this transaction.
September 4, 2019 - Vast Broadband completed its acquisition of NTS Communications, a regional broadband fiber company serving 20,000 residential and business customers in Texas and Louisiana. Bank Street served as exclusive financial advisor to NTS in connection with this transaction.
August 20, 2019 - Grain Management announced the acquisition of Hunter Communications, a regional fiber optic network service provider. Bank Street served as exclusive financial advisor to Hunter in connection with this transaction.
August 12, 2019 - Momentum Telecom closed its previously announced acquisition of DCT Telecom Group, a provider of Cloud Voice and Network Solutions based in Cleveland, OH. Bank Street served as exclusive financial advisor to DCT in connection with this transaction.
April 8, 2019 - InSite Wireless Group announced the acquisition of Agile Networks, a provider of wireless infrastructure and solutions based on Canton, OH. Bank Street served as exclusive financial advisor to Agile in connection with this transaction.
April 19, 2019 - Momentum Telecom announced the acquisition of DCT Telecom Group, a provider of Cloud Voice and Network Solutions based in Cleveland, OH. Bank Street served as exclusive financial advisor to DCT in connection with this transaction.
April 17, 2019 - SDC Capital Partners closed a majority investment in SummitIG, a leading dark fiber infrastructure provider focused on the data center connectivity market in Northern and Central Virginia. Bank Street served as exclusive financial advisor to SummitIG in connection with this transaction.
April 3, 2019 - Colo Atl, a leading provider of carrier-neutral data center and interconnection solutions, has been acquired by American Tower Corporation. Bank Street served as exclusive financial advisor to Colo Atl in connection with this transaction.
March 19, 2019 - Telrite Holdings closed the acquisition of mobile virtual network operator (MVNO) Locus Telecommunications. Bank Street served as exclusive financial advisor to Locus in connection with this transaction.
January 11, 2019 - SDC Capital Partners announced a definitive agreement to make a majority investment in Summit Infrastructure Group alongside Columbia Capital and the company's leadership team. Bank Street served as exclusive financial advisor to SummitIG in connection with this transaction.
January 9, 2019 - Star America Infrastructure closed an investment to fund the Hammond, IN data center development of Digital Crossroads. Bank Street served as exclusive financial advisor to Digital Crossroads and Star America in connection with this transaction.
January 9, 2019 - Vast Broadband announces new growth phase with acquisition of NTS Communications and recapitalization by Pamlico Capital and Oak Hill Capital Partners. Bank Street served as exclusive financial advisor to NTS in connection with this transaction.
January 8, 2019 - Hostway and HOSTING have merged in a strategic transaction that creates one of the largest managed cloud services platforms in the world. Bank Street served as exclusive financial advisor to HOSTING in connection with this transaction.
November 12, 2018 - Cable ONE announced a definitive agreement to acquire regional fiber network operator Clearwave Communications. Bank Street served as financial advisor to Clearwave in connection with this transaction.
November 8, 2018 - Mphasis announced the acquisition of Stelligent, a technology services company specializing in DevOps automation on Amazon Web Services. Bank Street served as exclusive financial advisor to HOSTING and Stelligent in connection with this transaction.
November 5, 2018 - EdgeConneX announced the acquisition of the Warsaw, Poland data center operations of Linx Telecom. Bank Street served as exclusive financial advisor to Linx Telecom in connection with this transaction.
September 17, 2018 - ZenFi Networks closed its merger with Cross River Fiber, a portfolio company of Ridgemont Equity Partners. Bank Street served as exclusive financial advisor to both ZenFi and Cross River in connection with this transaction.
August 1, 2018 - C Spire closed the acquisition of Managed IT and Cloud Services company TekLinks from Pamlico Capital. Bank Street served as exclusive financial advisor to C Spire in connection with this transaction.
July 25, 2018 - Antin Infrastructure Partners closed the acquisition of leading regional Bandwidth Infrastructure provider FirstLight. Bank Street served as financial advisor to FirstLight in connection with this transaction.
July 2, 2018 - Court Square Capital Partners closed a majority investment in Momentum Telecom. Bank Street served as exclusive financial advisor to Momentum Telecom in connection with this transaction.
June 26, 2018 - C Spire announced the acquisition of Managed IT and Cloud Services company TekLinks from Pamlico Capital. Bank Street served as exclusive financial advisor to C Spire in connection with this transaction.
June 18, 2018 - Fusion Connect closed the acquisition Unified Communications and VoIP provider MegaPath for $71.5 million. Bank Street served as exclusive financial advisor to MegaPath in connection with this transaction.
May 31, 2018 - MC Credit Partners closed a $205 million debt refinancing for Rise Broadband, a leading fixed-wireless broadband provider. Bank Streeet served as exclusive financial advisor to MC Credit Partners in connection with this transaction.
May 10, 2018 - Fusion Connect announced a definitive agreement to acquire Unified Communications provider MegaPath for $71.5 million. Bank Street served as exclusive financial advisor to MegaPath in connection with this transaction.
April 24, 2018 - ZenFi Networks and Cross River Fiber agreed to merge in a transaction that will create the leading independent bandwidth infrastructure provider in New York and New Jersey. Bank Street served as exclusive financial advisor to both ZenFi and Cross River in connection with this transaction.
March 19, 2018 - Towerstream, a fixed-wireless broadband provider, announced that its board of directors has commenced the evaluation of strategic repositioning of the company and the retention of Bank Street as its independent financial advisor to explore strategic alternatives.
March 13, 2018 - Syringa Networks announced a definitive agreement to acquire the Boise, ID metro fiber assets of Level 3 from CenturyLink. Bank Street served as financial advisor to Syringa Networks in connection with this transaction.
March 12, 2018 - GTT Communications announced the acquisition of Accelerated Connections, a provider of managed networking, unified communications serving large distributed enterprise customers across Canada. Bank Street served as financial advisor to ACI in connection with this transaction.
March 12, 2018 - Momentum Telecom announced a definitive agreement through which Court Square Capital Partners will lead a majority equity investment alongside the company's senior management team. Bank Street served as financial advisor to Momentum Telecom in connection with this transaction.
February 20, 2018 - Antin Infrastructure Partners announced a definitive agreement to acquire Firstlight, a leading fiber-optic bandwidth infrastructure company operating in the Northeast United States. Bank Street served as financial advisor to FirstLight in connection with this transaction.
January 19, 2018 - Zayo announced the acquisition of Vancouver, British Columbia-based fiber network company Optic Zoo Networks for C$31 million. Bank Street served as exclusive financial advisor to Optic Zoo in connection with this transaction.
January 3, 2018 - LOGIX Fiber Networks announced the closing of its acquisition of Texas metro and regional fiber network company Alpheus Communications. Bank Street served as exclusive financial advisor to Alpheus in connection with this transaction.
November 8, 2017 - HKT Trust and PCCW Global have acquired Console Connect's advanced software platform, and Stephen Wilcox, founder of IX Reach, has acquired the company's global network assets. Bank Street served as exclusive financial advisor to Console Connect in connection with these transactions.
October 18, 2017 - FirstLight closed its previously announced acquisition of regional fiber optic network operator 186 Communications. Bank Street served as exclusive financial advisor to 186 Communications in connection with this transaction.
October 10, 2017 - Equinix closed its previously-announced acquisition of European data center and hybrid IT company Itconic from The Carlyle Group for $259 million. Bank Street served as exclusive financial advisor to Equinix in connection with this transaction.
September 27, 2017 - 365 Data Centers announced the acquisition of hybrid data center services provider Host.net from Novacap. Bank Street served as exclusive financial advisor to 365 Data Centers in connection with this transaction.
September 18, 2017 - ConvergeOne closed its previously announced acquisition of Rockefeller Group Technology Solutions, a Unified Communications pioneer based in New York. Bank Street served as exclusive financial advisor to RGTS in connection with this transaction.
September 11, 2017 - Equinix announced a definitive agreement to acquire Itconic from The Carlyle Group for $259 million. Bank Street served as exclusive financial advisor to Equinix in connection with this transaction.
July 12, 2017 - FirstLight Fiber announced a definitive agreement to acquire New England fiber optic network company 186 Communications. Bank Street served as exclusive financial advisor to 186 Communications in connection with this transaction.
June 26, 2017 - Crown Castle closed the acquisition of Wilcon, a California-based fiber optic network operator with approximately 1,900 route miles of fiber, primarily in Los Angeles and San Diego, for $600 million in cash. Bank Street served as exclusive financial advisor to Wilcon in connection with this transaction.
April 25, 2017 - 365 Data Centers was acquired by an investor group led by led by Chirisa Investments in partnership with Lumerity Capital and Longboat Advisors. Bank Street served as exclusive buy-side M&A advisor and placement agent for a senior secured credit facility in connection with this transaction.
April 18, 2017 - ConvergeOne, a portfolio company of Clearlake Capital, agreed to acquire Rockefeller Group Technology Solutions (RGTS). Bank Street served as exclusive financial advisor to Rockefeller Group International and RGTS in connection with this transaction.
April 17, 2017 - Crown Castle agreed to acquire WIlcon, a California-based fiber optic network and data center operator, for $600 million in cash. Bank Street served as exclusive financial advisor to Wilcon in connection with this transaction.
February 6, 2017 - The Carlyle Group closed the acquisition of a majority stake in CMC Networks, a Pan-African provider of managed connectivity solutions for global telecoms providers. Bank Street Group served as exclusive financial advisor to CMC Networks in connection with this transaction.
February 2, 2017 - CITIC Telecom International CPC Limited closed the acquisition of the telecommunication business of Linx Telecommunications B.V. Bank Street served as exclusive financial advisor to Linx Telecom in connection with this transaction.
January 23, 2017 - Lumos Networks closed its previously announced acquisition of Clarity Communications Group, which operates a 730 route mile fiber network in the Southeastern United States. Bank Street served as exclusive financial advisor to Clarity in connection with this transaction.
January 9, 2017 - GTT Communications closed its previously-announced acquisition of Hibernia Networks in a cash and stock transaction valued at approximately $610 milllion. Bank Street served as exclusive financial advisor to Hibernia Networks in connection with this transaction.
November 21, 2016 - The Carlyle Group agreed to acquire a majority stake of CMC Networks, a Pan-African provider of managed connectivity solutions for global telecoms providers. Bank Street Group served as exclusive financial advisor to CMC Networks in connection with this transaction.
November 9, 2016 - GTT Communications agreed to acquire Hibernia Networks in a cash and stock transaction valued at $590 million. Bank Street served as exclusive financial advisor to Hibernia Networks in connection with this transaction.
November 9, 2016 - Lumos Networks agreed to acquire Clarity Communications, which operates a 730 route mile fiber network in the Southeastern United States. Bank Street served as exclusive financial advisor to Clarity Communications in connection with this transaction.
September 8, 2016 - Oak Hill Capital Partners closed its previously announced acquisition of FirstLight Fiber from Riverside Partners. Bank Street served as exclusive financial advisor to FirstLight Fiber in connection with this transaction.
August 4, 2016 - Integra Telecom announced that it is splitting into two businesses, establishing Electric Lightwave as a fiber network pureplay serving more than 5,400 carrier, enterprise and institutional customers. Bank Street served as exclusive financial advisor to Integra in connection with the separation.
July 7, 2016 - Oak Hill Capital Partners announced a definitive agreement to acquire Oxford Networks, a leading fiber-optic bandwidth infrastructure services provider operating in Maine, New Hampshire and Massachusetts.
July 6, 2016 - Cox Communications announced a definitive agreement to make a strategic investment in Unite Private Networks alongside Ridgemont Equity Partners and the company’s management team. Bank Street served as lead financial advisor to UPN in connection with this transaction.
June 1, 2016 - Hibernia Networks announced a $165 million senior secured credit facility to refinance existing indebtedness and provide capacity for future growth. Bank Street served as Arranger and exclusive financial advisor to Hibernia Networks in connection with the financing.
May 12, 2016 - ZMC announced a majority investment in Education Networks of America, a leading provider of infrastructure as a service (IaaS) solutions to schools and libraries. Bank Street served as exclusive financial advisor to ENA in connection with this transaction.
May 9, 2016 - Bank Street announced its title sponsorship alongside co-sponsors Schneider Electric, WWE, Zen-Fi, Liquid Web, Alpheus and FirstComm, of the Second Annual Bank Street Invitational, which will held June 6th in Greenwich, CT.
March 23, 2016 - Oak Hill Capital Partners announced a definitive agreement to acquire FirstLight Fiber from Riverside Partners. Bank Street served as exclusive financial advisor to FirstLight in connection with this transaction.
March 7, 2016 - Bank Street announced the hire of Lawrence Askowitz as a a senior member of the firm's investment banking practice. During the course of his career, Askowitz has executed more than $200 billion of transactions for many of the leading companies in the telecom, media and technology sector.
February 1, 2016 - EarthLink announced the sale of its IT Services business to Synoptek in a transaction valued at $29 million. Bank Street served as exclusive financial advisor to EarthLink in connection with this transaction.
January 11, 2016 - Bank Street co-founder and senior managing director James Henry will participate in a panel discussion addressing bandwidth infrastructure sector dynamics and the outlook merger and acquisition activity on Tuesday, January 26th at Metro Connect USA 2016.
January 6, 2016 - Impact Telecom closed its previously announced merger with TNCI Operating Company forming a leading national Unified Communications platform. Bank Street served as exclusive financial advisor to Impact Telecom in connection with this transaction.
January 4, 2016 - Bank Street co-founder and senior managing director Richard Lukaj will participate in a panel discussion that will examine factors that will drive future telecom sector investments and M&A activity on Wednesday, January 20th at PTC'16.
November 16, 2015 - DRFortress announced that it secured a new debt financing facility led by Bank Street. The company will use the proceeds from this financing to refinance its outstanding senior and subordinated debt and to fund a portion of its data center expansion project.
November 5, 2015 - Impact Telecom, a leading provider of voice and messaging services to businesses, consumers and carriers, announced a definitive agreement to merge with TNCI Operating Company. Bank Street served as exclusive financial advisor to Impact in connection with this transaction._
November 3, 2015 - Synoptek, a global IT management and cloud computing company, announced a majority investment by Sverica Capital Management. Bank Street served as exclusive financial advisor to Synoptek in connection with this transaction.
October 13, 2015 - Integra closed its previously announced acquisition of opticAccess, a West Coast fiber optic network operator. Bank Street served as exclusive financial advisor to opticAccess in connection with this transaction.
September 7, 2015 - Richard Lukaj will present a keynote address describing the evolving infrastructure and services environment and strategic opportunities for ICT operators on a global basis on September 15th at the Huawei Global Services forum in Zurich, Switzerland.
August 18, 2015 - Integra, a provider of fiber-based, enterprise-grade networking, communications and technology solutions entered into a definitive agreement to acquire opticAccess. Bank Street served as exclusive financial advisor to opticAccess in connection with this transaction.
July 21, 2015 - PEG Bandwidth closed the acquisition of a 48-mile fiber network from W.L. Gore & Associates, a privately held, Newark, DE-based enterprise well known for GORE-TEX fabric. Bank Street serve as exclusive financial advisor to W.L. Gore in connection with this transaction.
June 19, 2015 - Sierra Wireless closed the acquisition of Accel Networks, a provider of 4G LTE managed connectivity services for distributed enterprises. Bank Street served as exclusive financial advisor to Accel Networks in connection with this transaction.
June 15, 2015 - Bank Street hosted the First Annual Bank Street Charity Invitational at Burning Tree Country Club in Greenwich, CT. The event raised more than $100,000 for the benefit of 12 participating charities.
May 27, 2015 - Liquid Web announced that it will receive a substantial investment by Madison Dearborn Partners, a leading private equity firm based in Chicago, IL. Bank Street served as exclusive financial advisor to Liquid Web in connection with this transaction.
May 7, 2015 - Sierra Wireless and Accel Networks announced that Sierra Wireless has entered into a definitive agreement to acquire Accel. The transaction is expected to close in June 2015.
April 13, 2015 - Bank Street co-founder and senior managing director James Henry will participate on a panel entitled Renewed M&A Activity & Valuation of the Data Center at The Fourth Annual Greater New York Data Center Summit in New York City at 2:00 PM ET on Tuesday, April 14th.
April 6, 2015 - Bank Street co-founder and senior managing director Richard Lukaj will participate on a panel entitled Practical Magic – Realizing Ancillary Benefits from Mergers and Acquisitions at COMPTEL PLUS in Orlando, FL at 8:30 AM ET on Wednesday, April 15th.
April 1, 2015 - GTT Communications closed the acquisition of MegaPath's Managed Network Services business. GTT paid $144.8 million in cash and $7.5 million in GTT common stock for the acquisition. Bank Street served as exclusive financial advisor to MegaPath in connection with this transaction.
February 23, 2015 - The Deal published an article highlighting Bank Street's role in the sale of MegaPath's Managed Network Services business to GTT Communications. The GTT transaction followed a sale by Bank Street of another MegaPath business to Global Capacity.
February 23, 2015 - Zayo closed its $675 million acquisition of the operating units of Latisys Holdings, a data center colocation and infrastructure as a service (IaaS) provider. Bank Street served as financial advisor to Latisys in connection with this transaction.
February 19, 2015 - MegaPath announced a definitive agreement to sell its Managed Network Services business to GTT Communications for $152.3 million. Bank Street served as exclusive financial advisor to MegaPath in connection with this transaction.
February 9, 2015 - Kinderhook Industries announced the acquisition of CSDVRS from an investor group comprised of M/C Partners, Providence Equity Partners and Communication Service for the Deaf. Bank Street served as exclusive financial advisor to CSDVRS in connection with this transaction.
February 9, 2015 - Synoptek announced the acquisition of Pay Per Cloud, a full service Cloud-hosting provider headquartered in Sacramento, California. Bank Street served as exclusive financial advisor to Pay Per Cloud in connection with this transaction.
January 6, 2015 - Global Capacity closed its acquisition of MegaPath’s Network Services business unit, creating a $300 million company uniquely positioned in the data network market. Bank Street served as exclusive financial advisor to MegaPath in connection with this transaction.
October 31, 2014 - Ridgemont Equity Partners closed the acquisition of a majority stake in Cross River Fiber alongside the company's senior management team. Bank Street served as exclusive financial advisor to Cross River Fiber in connection with this transaction.
October 1, 2014 - Integra closed the acquisition of WCI, bringing to Integra a sizable base of enterprise customers who now gain access to Integra’s vast network resources. Bank Street served as exclusive financial advisor to WCI in connection with this transaction.
October 1, 2014 - Windstream Communications announced the acquisition of Business Only Broadband, a Chicago, IL-based provider of broadband fixed-wireless services to enterprise and carrier customers. Bank Street served as exclusive financial advisor to BOB in connection with the transaction.
September 8, 2014 - Global Capacity, a leading international connectivity service provider, announced a definitive agreement to acquire the Network Services business unit of MegaPath. Bank Street served as exclusive financial advisor to MegaPath in connection with the transaction.
September 8, 2014 - Telecom Ramblings interviewed Bank Street regarding the implications of Crown Castle's acquisition of 24/7 Mid-Atlantic Network, which was the first-ever acquisition of a pureplay fiber network operator by a wireless infrastructure company.
August 13, 2014 – Ridgemont Equity Partners announced the acquisition of a majority stake in Cross River Fiber, a New Jersey-based dark fiber network solutions provider. Bank Street served as exclusive financial advisor to Cross River Fiber in connection with the transaction.
August 11, 2014 – 21Vianet announced the acquisition of the Virtual Private Network (VPN) business of DYXnet that covers more than 700 cities across Asia. Bank Street served as exclusive financial advisor to DYXnet in connection with the transaction.
August 6, 2014 - Alpheus Communications announced the acquisition of the retail data center colocation operations of StratITsphere in the Katy, TX energy corridor. Bank Street served as financial advisor to StratITsphere in connection with the transaction.
July 21, 2014 - Expereo announced that it entered into a definitive agreement under which The Carlyle Group will acquire a majority stake in the company. Bank Street served as exclusive financial advisor to Expereo in connection with this transaction.
July 14, 2014 - Integra announced the acquisition of World Communications, Inc. (WCI), a Seattle, WA-based provider of telecom and unified communications services. Bank Street served as exclusive financial advisor to WCI in connection with this transaction.
July 2, 2014 - Zayo Group announced the acquisition of AtlantaNAP, a data center and managed service provider based in Atlanta, GA. Bank Street served as exclusive financial advisor to AtlantaNAP in connection with this transaction.
July 1, 2014 - Court Square Capital Partners closed the acquisition of a majority stake in bandwidth infrastructure provider Conterra Ultra Broadband. Bank Street served as exclusive financial advisor to Conterra in connection with this transaction.
July 1, 2014 - NetBoss Technologies announced the acquisition of Ventraq, an innovative provider of large-scale data integration, network and business analytics, and personalization solutions for communication service providers (CSPs) and large enterprises.
June 12, 2014 - NOVACAP closed the acquisition Oxford Networks, a leading provider of fiber optic, data center and cloud-based services based in Lewiston, ME. As a result of this investment, NOVACAP now holds a majority stake in Oxford Networks with minority participation by Bank Street Capital Partners.
June 9, 2014 - Bank Street Co-Founder and Senior Managing Director James Henry has been selected to participate in a panel discussion at HostingCon 2014 entitled Hot or Not? Hosting Mergers and Acquisitions in 2014 on Monday, June 16th at the Miami Beach Convention Center in in Miami Beach, FL.
April 4, 2014 - Bank Street released its 4Q13 Commercial Services Market Sizing & Trending Survey that covers 40 publicly reporting companies across the U.S. fixed-line telecom and managed services sectors. 4Q13 results put the overall U.S. Commercial Services market at more than $100 billion of annual revenue.
March 20, 2014 - Court Square Capital Partners entered into a definitive agreement to acquire a majority stake in bandwidth infrastructure provider Conterra Broadband. Bank Street served as exclusive financial advisor to Conterra in connection with this transaction.
March 17, 2014 - Bank Street Co-Founder and Senior Managing Director James Henry has been selected to participate in a panel discussion entitled Spotlight on Mergers & Acquisitions: Outlook for 2014 at the COMPTEL PLUS Spring 2014 Convention & Expo on March 18th in Las Vegas, NV.
March 10, 2014 - Bank Street was selected as the winner of the Best Metro Advisor award in the Financial Institutions category of Capacity Media's 2014 Metro Connect Awards, which were presented during Metro Connect USA on February 27th at the Eden Roc Renaissance in Miami Beach, Florida.
March 10, 2014 - Bank Street Managing Director Steve Lee has been selected to participate in a panel discussion entitled Leveraging Infrastructure and Data Center Portfolios to Create Strategic Advantage and Mitigate Risk at the DatacenterDynamics Converged 2014 conference on March 11th in New York, NY.
January 27, 2014 - LoadSpring Solutions, a SaaS-based Project Management Solutions company serving Fortune 100 companies in key industry verticals worldwide, announced the closing of a $6 million growth equity investment led by Bank Street Capital Partners.
January 21, 2014 - Ricoh entered into a definitive agreement to buy mindSHIFT Technologies Inc., a leading provider of managed IT, cloud, data center and professional services , from Best Buy Co., Inc. Bank Street served as exclusive financial advisor to Best Buy in connection with this transaction.
January 13, 2014 – Bank Street Co-Founder and Senior Managing Director James Henry has been selected to participate in a panel discussion entitled Consolidation and M&A: Executive Evaluation at the 13th annual Metro Connect USA Conference in Miami, FL on February 27th.
November 26, 2013 - Internap closed the acquisition of iWeb for for a total purchase price of approximately $146 million. The company also closed on a $350 million senior credit facility that refinanced Internap's existing indebtedness and funded the acquisition of iWeb.
October 30, 2013 - Internap Network Services announced a definitive agreement to acquire hosting and cloud provider iWeb Group in a deal valued at approximately $145 million. Bank Street served as exclusive financial advisor to iWeb in connection with this transaction.
September 18, 2013 - LeaseWeb, one of the largest hosting providers in the world with more than 60,000 servers under management, announced the acquisition of Shore.net. Bank Street served as exclusive financial advisor to LeaseWeb in connection with this transaction.
July 2, 2013 - EarthLink closed the acquisition CenterBeam, a privately-owned company with a 13-year track record of delivering secure cloud-based IT services, for a total consideration of $22 million. Bank Street served as exclusive financial advisor to EarthLink in connection with this transaction.
June 17, 2013 - Bank Street served as exclusive financial advisor to EarthLink in connection with its acquisition of CenterBeam, a privately held provider of cloud computing and hosted IT services, in an all-cash transaction valued at $22 million.
June 12, 2013 - Bank Street served as exclusive financial advisor to Worknet in connection with its sale to OnX Enterprise Solutions, strengthening and accelerating OnX's position in the cloud and managed Services market and extending its data center footprint to include both the U.S. and Canada.
June 10, 3013 - Bank Street served as a joint lead arranger for a $135 million senior secured debt financing for Alpheus Communications, a portfolio company of The Gores Group. The new credit facility will refinance existing indebtedness and provide a platform for the company's future growth initiatives.
June 5, 2013 - Bank Street announced the expansion of its debt capital markets capabilities to go beyond the firm’s traditional role as a placement agent for leveraged loan transactions, aligning with large institutional pools of capital with broad credit capacity and significant experience in its core industry verticals.
June 3, 2013 - Impact Telecom closed the acquisition of Matrix Telecom and AmericaTel, operating under the brand names Matrix, AmericaTel, Excel, Trinsic, Startec and Zero11 wireless. Bank Street served as exclusive financial advisor to Matrix Telecom and AmericaTel in connection with this transaction.
May 31, 2013 - Level 3 Communications closed the acquisition of IP Networks, a San Francisco-based metro fiber network operator utilizing the rights-of-way of Pacific Gas & Electric. Terms of the transaction were not disclosed.
May 30, 2013 - Bank Street Managing Director Jon Vanden Heuvel will participate as a panelist discussing the financial and strategic dynamics of the international data center market at IMN's Financing, Investing & Real Estate Development for Data Centers on May 31st in New York, NY.
May 7, 2013 - Canadian bandwidth infrastructure provider Fibrenoire acquired two fibre network operators in Montréal, establishing the company with the largest independent fibre footprint in Québec with a 1,500 kilometre network serving more than 500 commercial buildings and 39 data centers.
April 30, 2013 - Global Telecom & Technology (GTT) announced the acquisition of the Tinet global data networking and IP transit business from Inteliquent in a transaction valued at $54.5 million. Bank Street served as exclusive financial advisor to GTT in connection with this transaction.
April 22, 2013 - Bank Street senior managing director Rich Lukaj will participate in a roundtable discussion entitled “How do the financial markets impact investment in the submarine cable sector?” at the SubOptic 2013 conference, which is being held April 22nd-25th in Paris, France.
March 21, 2013 - Bank Street managing director Steve Lee was interviewed at the DatacenterDynamics Converged conference in New York regarding the future of pureplay data center colocation providers in a world where customers are increasingly demanding hybrid Infrastructure-as-as-Service (IaaS) solutions.
March 11, 2013 - Bank Street senior managing director James Henry will moderate the Grand Theft Copper panel at Comptel in Las Vegas on March 12th. The panel will address the implications to competitive carriers of the critical issue of Copper Retirement by the incumbent local exchange carriers (ILECs).
March 11, 2013 - Bank Street managing director Steve Lee will participate in the Finance & Investment Strategies for Data Center Projects panel at Datacenter Dynamics Converged 2013 in New York on March 12th. Steve's fellow panelists include John Sabey of Sabey Data Centers and Simon Lee of Sapience Capital.
February 20, 2013 - Impact Telecom agreed to acquire Matrix Telecom and Americatel, inclusive of all entities operating under the brand names Matrix, AmericaTel, Excel, Trinsic, Startec and Zero11 Wireless. Bank Street served as exclusive financial advisor to the seller in connection with this transaction.
January 17, 2013 - Hibernia Networks closed a $52.5 million debt refinancing that will pay off existing indebtedness and will provide incremental liquidity for growth and for working capital. Bank Street served as exclusive financial advisor and sole placement agent in connection with the refinancing.
January 10, 2013 - Wave Broadband announced the closing of its $50 million acquisition of Black Rock Cable, provider of dark fiber services for carrier and enterprise customers in Washington State. Bank Street served as exclusive financial advisor to Black Rock in connection with this transaction.
January 3, 2013 – Quality Technology Services (QTS) acquired Herakles, a world-class data center facility in Sacramento, CA. This state-of-the-art 92,000 sq. ft. Tier III data center offers 52,600 sq. ft. of raised floor space and 9.0 megawatts (MW) of power capacity in seismically-neutral Sacramento.
December 28, 2012 – Bank Street released its proprietary 4Q12 Commercial Services Market Sizing & Trending Survey. Commercial Services revenue for the companies in our survey was $24.9 billion for the quarter ending September 30, 2012, down 0.4% sequentially.
December 14, 2012 – Zayo Group completed its previously announced purchase of First Telecom Services, LLC (FTS), a provider of bandwidth infrastructure services throughout the Northeastern and Midwestern United States, for a price of $110 million.
November 1, 2012 - Equinix closed its previously announced sale of 16 non-core data centers to an investor group comprised of 365 Main, Crosslink Capital and Housatonic Partners. Bank Street served as exclusive financial advisor to Equinix in connection with this transaction.
October 17, 2012 – Zayo Group announced that it has executed a definitive agreement to purchase First Telecom Services (FTS) for a price of $110 million. Bank Street served as exclusive financial advisor to FTS in connection with this transaction.
September 24, 2012 – Stratus Technologies announced the acquisition of Marathon Technologies, a privately held developer of application availability solutions. Bank Street served as exclusive financial advisor to Marathon Technologies in connection with the deal.
September 20, 2012 – Wave Broadband announced the acquisition of Black Rock Cable, a provider of dark fiber services to carrier and enterprise customers in Washington State. Bank Street served as exclusive financial advisor to Black Rock in connection with the deal.
September 4, 2012 – Equinix announced the sale of 16 non-core data centers to an investor group comprised of 365 Main, Crosslink Capital and Housatonic Partners. Bank Street served as exclusive financial advisor to Equinix in connection with the deal.
July 15, 2012 – Endurance International closed its acquisition of Host Gator in an all-cash transaction valued at approximately $300 million. Bank Street served as exclusive financial advisor to HostGator in connection with this transaction.
May 16, 2012 – Equinix, Inc. announced the acquisition of Frankfurt-based ancotel GmbH, a leading provider of carrier-neutral colocation and interconnection services in Europe. Bank Street served as exclusive financial advisor to ancotel in connection with this transaction.
May 1, 2012 – Global Telecom & Technology, Inc. announced the acquisition of privately-held, Chicago-based nLayer Communications, Inc. Bank Street served as exclusive financial advisor to nLayer in connection with this transaction.
February 22, 2012 – James Henry has been selected to moderate and lead a panel discussion entitled Metro Market Financial Intelligence at the 11th Annual Metro Connect USA Conference in Miami, FL on February 28 and 29, 2012.
January 3, 2012 – Zayo Group's data center subsidiary zColo announced the acquisition of MarquisNet’s data-center business in Las Vegas, Nevada. The 28,000 square foot data center, located at 7185 Pollock Drive, will be the twelfth zColo Colocation facility.
