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EarthLink completes acquisition of Nextera Communications to expand service offerings

Oct 01, 2024•11 months ago

Acquiring Company

EarthLink

Acquired Company

Nextera Communications

AtlantaBaxterInternetVoipWirelessHardwareInformation Technology

Description

EarthLink, a premier internet service provider, has acquired Nextera Communications, a leading provider of fixed wireless, voice, and data solutions in Minnesota. This strategic acquisition marks a major step in expanding EarthLink's service offerings to small and medium-sized businesses across the United States, affirming its commitment to providing seamless, high-quality internet experience nationwide.

Company Information

Company

EarthLink

Location

Atlanta, Georgia, United States

About

EarthLink is a top U.S. internet provider delivering access to more homes and small businesses than any other ISP. EarthLink delivers the right technology at the right price to create the right connection for customers. Consumers voted EarthLink the number one ISP in America in both 2020 and 2021. An independent company headquartered in Atlanta, EarthLink was certified as a Great Place to Work since 2020.

FundzWatch™ Score

81
High M&A Activity

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed