Washington, DC, (September 21, 2018) – FOCUS Investment Banking, a national middle market investment banking firm providing merger, acquisition, divestiture, and corporate finance services, announced today that American Telephone Company, LLC has been acquired by Windstream Holdings, Inc. (NASDAQ: WIN). FOCUS represented American Telephone in this transaction.
American Telephone is a facilities-based provider of a broad range of voice and data communications services primarily to businesses headquartered in the greater New York Metropolitan area.
Windstream Holdings, Inc., a FORTUNE 500 company, is a leading provider of advanced network communications and technology solutions. Windstream provides data networking, core transport, security, unified communications and managed services to mid-market, enterprise and wholesale customers across the U.S. The company also offers broadband, entertainment and security services for consumers and small and medium-sized businesses primarily in rural areas in 18 states.
Leo Giardina, Managing Director of American Telephone, commented, “The FOCUS team was with us every step of the way, from initial preparation of our marketing materials to negotiating the terms of the deal to helping us navigate the due diligence process. They were instrumental to the success of our transaction.”
Rich Pierce, FOCUS Managing Director stated, “This transaction demonstrated the strong market demand for well-run communications service providers like American Telephone. We received significant interest in the transaction, and believe that in selecting Windstream American Telephone has found a strong strategic partner for their business.”
April Taylor, FOCUS Managing Director added, “We were delighted to have the opportunity to work with the American Telephone team on this transaction, and were glad that we could help them achieve a result that satisfied their strategic goals.”
*These testimonials may not be representative of the experience of all clients; testimonials are not a guarantee of future performance or success.
About FOCUS Investment Banking LLC
With more than three decades of experience, FOCUS Investment Banking is a trusted name in M&A advisory services worldwide. FOCUS works to understand each client’s strategic and financial objectives, craft the best plan to achieve these goals, and deliver success. Whether helping to sell, buy, or raise capital, FOCUS strives to maximize the value of every transaction to the benefit of its clients. Securities transactions conducted by FOCUS Securities LLC, an affiliated company, registered Broker Dealer member FINRA/SIPC. For more information on FOCUS and its Telecom practice, please visit www.focusbankers.com/telecom.