Industry: Telecommunications / Alternative Carriers
Location: New York
The Company paid a $159 million cash dividend to its stockholders.
The Company is a leader in providing fiber-optic based network services throughout mid-size cities in the Eastern and Central regions of the United States.
Invests in four primary sectors: business services, general industrial, health care and technology/telecommunications.
Pendo Advisors, LLC served as independent financial advisor to the board of managers of the Company and provided a solvency opinion in connection with the transaction.