The Company paid a dividend to its equity holders.

COMPANY
The Company is a leading fiber network and broadband service provider in the Northeast, offering over 6,200 fiber route miles coupled with comprehensive transport, alternative access, and nationwide long haul services.

EQUITY HOLDERS
The Company is majority owned by two private equity funds.

OUR ROLE
Pendo Advisors, LLC served as independent financial advisor to the board of directors of the Company and provided a solvency opinion in connection with the transaction.