EATEL
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EATEL - overview
Established
1935
Location
Gonzales, LA, US
Primary Industry
Internet
About
EATEL is a communication services provider specializing in high-speed Fiber Internet, television, phone, and home security offerings, committed to enhancing connectivity and entertainment for its clients. Founded in 1935, EATEL operates from Gonzales, Louisiana, and provides a range of communication services including internet and television. The company was established by Adrian Maury, Dajoún Storm, and Nicholas Foster. Currently, the CEO is Aaron Lugtu, and other key leaders include Arthur Scanlan, Bill Christian, John Hunt, and Joshua Descant.
EATEL primarily offers high-speed Fiber Internet, television services, phone services, and home security solutions. The core product, REV Fiber Internet, utilizes advanced fiber optic technology to provide users with lightning-fast internet speeds that are significantly faster than traditional cable services. The Fiber Internet service delivers symmetrical upload and download speeds, catering to individual users and households with multiple devices. EATEL’s television offerings include a wide range of channels, premium, and local programming, while their phone services provide reliable communication options.
These products are targeted at residential customers in specific geographical markets, including Louisiana, enhancing connectivity and entertainment experiences for end users. EATEL operates on a subscription-based revenue model, primarily generating income through monthly service fees for its internet, television, and phone offerings. Customers select from various service plans that may include standalone internet service or bundled packages. The pricing structure is designed to offer flexibility and cater to the demands of different customer segments, ensuring sustained engagement and satisfaction.
Services are provided direct-to-consumer, facilitating a streamlined relationship between EATEL and its client base.
Primary Industry
Internet
Sub Industries
Internet
Website
www.eatel.com
Total Amount Raised
Subscriber access only
EATEL - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Venyu Solutions | - | ||||||||
| Trade Sale | Completed | SJI | - | ||||||||
| Trade Sale | Completed | Vision Communications | - |
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