After a year of mostly integrating Cbeyond and its other various acquisitions, Birch Communications has stepped back into the M&A market. Yesterday they announced their 24th deal, a definitive agreement to acquire the customer assets of OrbitCom .
OrbitCom is a regional provider based in Sioux Falls, South Dakota and serves 14 states across and adjacent to the northern Tier, Rockies, and Pacific Northwest with a range of data and traditional CLEC services. They have more than 5,000 business customers across that territory.
In many ways, it’s the same sort of CLEC asset rollup deals that Birch was doing regularly before the Cbeyond deal took them nearly national last year. In this case though, there isn’t much geographical overlap and we are talking about a territorial expansion rather than a customer roll up. OrbitCom’s really footprint fits quite neatly into one of Birch’s two big regional gaps:
Birch’s other remaining regional market gap is of course in the northeast. Broadview would finish that off nicely. Just sayin…
If you haven't already, please take our Reader Survey! Just 3 questions to help us better understand who is reading Telecom Ramblings so we can serve you better!
Categories: CLEC · Mergers and Acquisitions
Birch, give us a usable map!
I thought they were going to buy Lynch Interactive from Gabelli
OMG, wonder if they knew what they really bought!
LOL, how’d you know about Broadview? …thats on hold now.