Novacap TMT (“Novacap”), one of Canada’s leading private equity firms, announced in a statement last week that it has entered into a definitive agreement to acquire Horizon Telcom (“Horizon”), a premier provider of fiber-optic bandwidth infrastructure services, operating primarily in Ohio. Under the terms of the agreement, Novacap will acquire the company from its current owners, which is comprised of over 280 shareholders. At the closing of the transaction, Novacap will continue to work with the existing management team and invest to grow the business throughout the region, while it continues to provide the highest quality of service to its customers.
January 30, 2018
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