ISP Investment Opportunity in Logan, United States
Wireless internet service provider in Utah seeking financing for transformative acquisitions and network expansion.
This transaction has concluded.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | C Corporation |
| Reported Sales | USD 8 million |
| Run Rate Sales | USD 9.6 million |
| EBITDA Margin | 40 % |
| Industries | ISPs |
| Locations | Logan |
| Local Time | 6:20 PM America / Nipigon |
| Listed By | Advisor / Business Broker |
| Status | Active |
Partial Stake Sale
USD
10 million
for
50.0%
stake
(Native Currency: USD 10,000,000)
Reason: Looking for $1M to $10M equity investment to execute a transformative acquisition of other internet ...
View More
Includes physical assets worth
USD
6 million
Documents
Project Teaser
(252.9 KB)
Project NDA
(50.0 KB)
Business Overview
- An internet service provider growing rapidly in Utah, Idaho, and California with a transformative deal under LOI in Arizona and Nevada.
- The team's expertise, coupled with a strong acquisition target of acquiring other internet service provider businesses at a very reasonable multiple and a compelling opportunity in their existing footprint to pass >2,000 homes with fiber at a dirt cheap cost per passing of ~$750, make this a strong investment choice.
- Seeking $6M-$8.5M in debt ASAP, prioritizing speed and certainty to close.
- The $6M acquisition lined up represents <2x debt to EBITDA, and the team has a demonstrated track record of strong integration having already acquired three ISPs.
- There are plentiful acquisition opportunities in the region at very reasonable multiples beyond the deal under LOI to keep the team busy for the foreseeable future.
- Though the materials focus on debt, the owner is open to an equity deal that makes sense.
- There are 40 permanent and a few contract employees.
- The team's expertise, coupled with a strong acquisition target of acquiring other internet service provider businesses at a very reasonable multiple and a compelling opportunity in their existing footprint to pass >2,000 homes with fiber at a dirt cheap cost per passing of ~$750, make this a strong investment choice.
- Seeking $6M-$8.5M in debt ASAP, prioritizing speed and certainty to close.
- The $6M acquisition lined up represents <2x debt to EBITDA, and the team has a demonstrated track record of strong integration having already acquired three ISPs.
- There are plentiful acquisition opportunities in the region at very reasonable multiples beyond the deal under LOI to keep the team busy for the foreseeable future.
- Though the materials focus on debt, the owner is open to an equity deal that makes sense.
- There are 40 permanent and a few contract employees.
Products & Services Overview
The company offers residential, business, enterprise, and MDU/HOA internet, as well as VoIP and mobile phone services.
Assets Overview
Physical assets: 454 network towers and other ISP related assets.
Facilities Overview
Happy to share post-NDA. Between the base business and the acquisition, there are over 454 towers.
Capitalization Overview
The business has been funded with equipment financing as well as $3M in cash equity from founders and other investors. Happy to share QofE and more details post-NDA.
Recent Activity
-
Earlier than 15 daysMD, Internet Service Provider, Bengaluru, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysSupervisor, IT, Srinagar, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysSr. Sales Advisor, New York City, Business Broker connected with the Business
Tags:
Wireless Internet Provider Investment Opportunity in Logan, United States
·Internet Service Provider Investment Opportunity in Logan, United States
·Invest in Wireless Internet Provider in Logan, United States
·Invest in Internet Service Provider in Logan, United States
·ISP Investment Opportunity in Logan, United States
·Wireless Internet Provider Investment Opportunity
·Internet Service Provider Investment Opportunity
·Investment Opportunity in Logan, United States
·Invest in ISP in Logan, United States
·Invest in Wireless Internet Provider
·Invest in Internet Service Provider
·Invest in Logan, United States
·ISP Investment Opportunity
·Invest in ISP
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
