Tech Company M&A Transactions
Marietta FiberNet Acquisition
Marietta FiberNet, operating out of Rochester, was bought by American Fiber Systems. Financial terms set the valuation at $12.2 million.
Transaction Overview
Company Name
Acquired By
Announced On
4/29/2004
Transaction Type
M&A
Amount
$12,200,000
M&A Terms
The MFN acquisition should provide operational synergies and a growing source of revenue for AFS. The $12.2 million cash purchase of MFN is expected to close by June 30, 2004.
Company Information
Company Status
Acquired or Merged
Industry
Infrastructure
Mailing Address
Undisclosed
Rochester, NY 14600
USA
Rochester, NY 14600
USA
Phone
Website
Email Address
Not Recorded
Overview
Marietta FiberNet (MFN), a fiber optic transport business based in Marietta , Georgia . MFN is a wholly owned subsidiary of the Marietta Board of Lights and Water, the municipal operating company that supplies utilities to the city of Marietta , Georgia and surrounding areas.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Dave Rusin
Chief Financial Officer
Gita Ramachandran
VP - Bus. Development
Dave Danchak
VP - Operations
Jon Yount
VP - Sales
Mike D'Angelo
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