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GI Partners completes acquisition of DQE Communications & appoints Michael T. Sicoli as CEO

PRIVATEMay 01, 2024

Acquiring Company

GI Partners

Acquired Company

DQE Communications

San FranciscoPittsburghInformation TechnologyFinancial ServicesReal EstateHardwareInternet

Description

GI Partners, a leading investor in data infrastructure businesses, has successfully acquired DQE Communications, a regional provider of high-speed data networking. Concurrently, Michael T. Sicoli has been appointed as the CEO of DQE, signaling a strategic move to drive operational excellence and accelerate growth.

Quick answer

GI Partners is acquiring DQE Communications, announced May 1, 2024. GI Partners is based in San Francisco, California, United States.

How much did GI Partners pay for DQE Communications?
The deal value was not disclosed.
What does GI Partners do?
Founded in 2001, GI Partners is a private investment firm based in San Francisco, California.
Where are GI Partners and DQE Communications based?
GI Partners is based in San Francisco, California, United States. DQE Communications is based in Pittsburgh, Pennsylvania, United States.
Who are the decision-makers at GI Partners?
Fundz holds 1 contact at GI Partners. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

GI Partners

Location

San Francisco, California, United States

About

Founded in 2001, GI Partners is a private investment firm based in San Francisco, California. The firm has raised over $28 billion in capital from leading institutional investors around the world to invest in its private equity, real estate, and data infrastructure strategies. The private equity team invests primarily in companies in the Healthcare, IT Infrastructure, Services, and Software sectors. The real estate team invests across a broad range of platforms and strategies. The data infrastructure team invests primarily in hard asset infrastructure businesses underpinning the digital economy. For more information on GI Partners and its portfolio, please visit www.gipartners.com.

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Frequently asked

Who acquired DQE Communications?

DQE Communications was acquired by GI Partners, based in San Francisco. The deal was reported on May 1, 2024. Founded in 2001, GI Partners is a private investment firm based in San Francisco, California. GI Partners is privately held and operates in Information Technology.

When did GI Partners acquire DQE Communications?

GI Partners's acquisition of DQE Communications was reported on May 1, 2024. GI Partners, a leading investor in data infrastructure businesses, has successfully acquired DQE Communications, a regional provider of high-speed data networking. Concurrently, Michael T. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does DQE Communications do?

DQE Communications is a leading regional provider of high-speed, data networking for businesses and carriers. The Company's continually expanding fiber-optic network spans thousands of miles, 3,000+ on-net buildings, and 125 business parks. It is privately held, operating in Hardware, and is based in Pittsburgh.

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