Rural Broadband Investments, LLC
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Rural Broadband Investments, LLC - overview
Location
Overland Park, KS, US
Primary Industry
Financial Services
About
Rural Broadband Investments, LLC focuses on acquiring and enhancing broadband infrastructure assets to provide advanced communication services, ensuring connectivity for underserved communities across the United States. Rural Broadband Investments, LLC is dedicated to advancing broadband infrastructure to serve small to mid-sized communities. The company operates from Overland Park, US. Phillip Spencer leads the firm.
In January 2017, Cable One, Inc. acquired Rural Broadband Investments, LLC for USD 735 mn, marking a significant transaction in the company's journey. The total amount raised by the firm stands at USD 735 mn over two deals, with the latest being a Trade Sale. Rural Broadband Investments LLC specializes in acquiring and enhancing broadband infrastructure assets to provide advanced communication services including cable television and telecommunications.
The company addresses connectivity challenges in communities with populations ranging from 25,000 to 250,000 residents, aiming to offer reliable and high-quality communication services. Its target markets across the US focus on underserved areas, catering to households, local businesses, and government entities to foster economic growth and digital inclusion. Rural Broadband Investments LLC generates revenue through subscription-based broadband and communication services for residential and business clients. While specific pricing structures are not disclosed, they are expected to vary based on bandwidth and service levels, providing a steady income stream as the company expands its presence in targeted regions.
Rural Broadband Investments, LLC is strategizing future growth by designing new products aimed at enhancing broadband connectivity. The company plans to expand into additional markets, focusing on underserved communities in the Midwest and Southeast regions of the United States by 2025. The recent acquisition by Cable One, Inc. for USD 735 mn will support these initiatives, allowing the company to leverage the additional resources to enhance its service offerings and market reach.
Primary Industry
Financial Services
Sub Industries
Public Relations & Communications, Private Equity, Investment Banking
Website
www.ruralbroadbandinvestments.com
Verticals
Infrastructure
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Rural Broadband Investments, LLC - 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 | Rural Broadband Investments, LLC | - | ||||||||
| Trade Sale | Completed | NewWave Communications | - | ||||||||
| Add-on | Completed | Cass Cable TV Inc's cable systems | - | ||||||||
| Add-on | Completed | City Cable | - | ||||||||
| Add-on | Completed | McDonald Cable | - |
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