Astatine Capital Partners LLC
03/03/2022 | Press release | Archived content
Alinda Signs Definitive Agreement to Acquire Kansas City Fiber Network
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Alinda Signs Definitive Agreement to Acquire Kansas City Fiber Network
- Mar 3, 2022
March 3, 2022: Fund IV has signed a definitive agreement to acquire from Consolidated Communications Holdings Inc., its fiber and hybrid fiber coax network serving residential, commercial and carrier customers located in Kansas City in the U.S.
Alinda is one of the few infrastructure funds with experience in corporate carve-outs and used this expertise to recruit a management team, establish a plan for new software and systems and structure transition service agreements to stand up the new company.
This transaction is subject to FCC, Team Telecom and other regulatory approvals, which are expected to take 6-9 months.
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