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Zayo Group Completes Acquisition Of Education Networks Of America

Jun 02, 2022•over 3 years ago

Acquiring Company

Zayo Group Holdings

Acquired Company

Education Networks of America (ENA)

Media And EntertainmentSoftwareInternet ServicesInformation TechnologyHardware

Description

Zayo Group Holdings, Inc. (Zayo) today announced it has completed the acquisition of Education Networks of America (ENA), a leader in providing managed network connectivity, communications and cybersecurity services to K-12 school districts participating in the federally-funded E-Rate program, as well as other public sector customers.

Company Information

Company

Zayo Group Holdings

About

Zayo Group Holdings, Inc. is the leading global communications infrastructure platform, delivering a range of solutions, including fiber & transport, packet and managed edge services. Zayo owns and operates a Tier 1 IP backbone spanning 134,000 miles across North America and Europe. By providing this mission-critical bandwidth to its category-leading customers across the wireless, hyperscale, media, tech and finance industries, Zayo is fueling the innovations that are transforming society. For more information, visit https://zayo.com.

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