Nova Infrastructure Acquires Xchange Telecom / Skywire Networks
11/30/22, 2:02 PM
Industry
energy
satellite communication
voip
wireless
hardware
internet
NOVA Infrastructure (“NOVA”), a middle-market infrastructure investment firm, today announced that it has acquired Xchange Telecom (“Xchange”), a company that delivers high-speed internet, voice, and unified communication services to residents and businesses in Brooklyn, Queens, Manhattan and the Bronx, as well as communities in upstate New York and New Jersey. NOVA first invested in Xchange in September 2021.
Company Info
Company info
Founded in 2017, NOVA Infrastructure (http://www.novainfra.com) is a value-added, middle market infrastructure investment firm focused on North America. NOVA seeks to make investments which pair the downside protection features of the infrastructure asset class with operationally focused, value-added upside strategies. NOVA targets investments in environmental services, transportation, energy / energy transition, and communication sectors, with a current portfolio of six platform investments including: a vertically integrated waste management platform; a US Flag maritime logistics business; a fixed base operator (FBO) platform; a port-centric storage and logistics platform; and fiber-to-the-home and fixed wireless businesses.