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Clearwave Fiber Acquires Kansas-Based Rg Fiber

Mar 24, 2022•over 3 years ago

Acquiring Company

Clearwave Fiber

Acquired Company

Clearwave Fiber

SavannahSavannahProfessional ServicesInformation TechnologyProfessional ServicesInformation Technology

Description

Clearwave Fiber today announced it has entered into a definitive agreement to acquire the assets of RG FIBER, a high-capacity fiber network service provider located near Kansas City, Kansas. The acquisition marks Clearwave Fiber's entry into Kansas and provides a foothold for the company to quickly expand into nearby underserved communities in the state.

Company Information

Company

Clearwave Fiber

Location

Savannah, Georgia, United States

About

Our fast, reliable and secure fiber network provides our customers with the connectivity they need to support their needs now and in the future. BUSINESS FIBER INTERNET Whether your business requires a private, high-speed fiber connection or Dedicated Internet Access (DIA), our customizable, fiber-optic solutions will provide your business with the connectivity you need now and in the future. RESIDENTIAL SERVICES Get the speed and reliability you've been longing for with Clearwave's fiber internet. We offer several plans to ensure you receive the connectivity you need to support your lifestyle.

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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