Windstream Services, LLC
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Windstream Services, LLC - overview
Established
2006
Location
Little Rock, AR, US
Primary Industry
Telecoms
About
Windstream Services, LLC is a US-based telecommunications provider, delivering a range of connectivity solutions including high-speed internet, digital TV, and voice services across multiple states. Windstream Services, LLC provides telecommunications solutions with a focus on high-speed internet and communication services. Founded in 2006 and headquartered in Little Rock, US, the company has undergone significant restructuring, including a 40% minority investment by Elliott Associates in July 2020, completed in September 2020. They have engaged in one notable deal as of 2020.
Windstream's Kinetic brand offers a variety of residential connectivity solutions, with high-speed fiber internet, digital TV, and voice services prominently featured. Designed for seamless streaming and telecommuting, their fiber internet delivers ultra-fast speeds tailored to diverse customer needs across eighteen states, including Florida, Texas, and North Carolina. Kinetic also provides Whole Home Wi-Fi installation, enhancing network reliability by eliminating dead spots. For the year 2019, Windstream Services, LLC reported a revenue of USD 5,115.
40 mn, with an EBITDA of USD -1,809. 30 mn. Windstream plans to leverage recent funding from the July 2020 investment to support its growth initiatives. The company is focusing on launching new products and enhancing existing services in its targeted markets.
Specific geographic expansions are expected as part of its strategy to reach more customers, although exact details on new products or market entries have not been disclosed.
Current Investors
Elliott Management, Uniti Group Inc., Vestar
Primary Industry
Telecoms
Sub Industries
Monitoring & Security Software, Digital Media, Television & Film, Cable Service Providers, Internet Service Providers
Website
www.windstream.com
Verticals
E-commerce
Company Stage
Merged
Total Amount Raised
Subscriber access only
Windstream Services, LLC - financials
| Fiscal Year Ended | Dec 31, 2007 | Dec 31, 2008 | Dec 31, 2009 | Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 3,245,900,000 | 3,171,500,000 | 2,996,600,000 | 3,712,000,000 | 4,279,600,000 | 6,139,500,000 | 5,988,100,000 | 5,829,500,000 | 5,765,300,000 | 5,387,000,000 | - | - | - |
| % Revenue Growth (YoY) | - | (2.3%) | (5.5%) | 23.9% | 15.3% | 43.5% | (2.5%) | (2.6%) | (1.1%) | (6.6%) | - | - | - |
| EBITDA (USD) | 643,900,000 | 639,700,000 | 419,100,000 | 336,700,000 | 115,400,000 | 413,000,000 | 2,386,400,000 | 1,909,300,000 | 1,887,500,000 | 1,783,700,000 | - | - | - |
| Operating Income (USD) | 1,149,900,000 | 1,132,400,000 | 956,900,000 | 1,030,300,000 | 962,900,000 | 883,900,000 | 1,009,000,000 | 507,100,000 | 509,400,000 | 515,400,000 | - | - | - |
| Operating Margin | 35.4% | 35.7% | 31.9% | 27.8% | 22.5% | 14.4% | 16.9% | 8.7% | 8.8% | 9.6% | - | - | - |
| % EBITDA Margin | 19.8% | 20.2% | 14.0% | 9.1% | 2.7% | 6.7% | 39.9% | 32.8% | 32.7% | 33.1% | - | - | - |
| NET Income (USD) | 917,100,000 | 412,700,000 | 334,500,000 | 310,700,000 | 169,500,000 | 168,000,000 | 241,000,000 | (39,500,000) | 27,400,000 | (383,500,000) | - | - | - |
| % Net Margin | 28.3% | 13.0% | 11.2% | 8.4% | 4.0% | 2.7% | 4.0% | (0.7%) | 0.5% | (7.1%) | - | - | - |
Windstream Services, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Merger | Completed | Windstream Services, LLC | - | ||||||||
| Add-on, LP Direct, Trade Sale | Completed | Uniti Group Limited | - | ||||||||
| Buyout | Completed | Windstream Services, LLC | - | ||||||||
| Restructuring | Completed | Windstream Services, LLC | - | ||||||||
| Restructuring | Completed | Windstream Services, LLC | - |
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Windstream Services, LLC - employee data
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