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31 May 2017
| Jason Mcgee-Abe
LOGIX Communications has completed definitive agreements to acquire Alpheus Communications from its current private equity owners, The Gores Group and Scott Widham, creating one of the largest metro fibre operators in Texas.
Alpheus is a leading provider of metro-regional fibre, data centre and managed network solutions to enterprise customers and wholesale customers in Texas. With the acquisition of Alpheus, LOGIX will add 2,800 route miles of long haul fibre and 1,900 route miles of metro fibre to its existing network.
“The acquisition of Alpheus further strengthens LOGIX’s position as a leading fibre-optic communications provider in Texas,” said Matt Murphy, LOGIX interim CEO and partner at Astra Capital Management.
“The combined company will serve over 12,300 enterprise and carrier customers with a complete portfolio of data, voice, managed and data centre services. With an extensive fibre footprint in four of the fastest growing cities in the country – Houston, Dallas, Austin and San Antonio – LOGIX immediately becomes one of the largest fibre operators in Texas, offering superior local customer care and support to its clients.”
Scott Widham, CEO of Alpheus, said: “For over 20 years and throughout our partnership with Gores, Alpheus has built an outstanding reputation as being very flexible and responsive to customer needs when low-latency and uptime are essential. By combining operations with LOGIX, we are creating a powerful regional provider of scale in Texas. The combined networks and products will allow us to offer the very best to our carrier and growing enterprise customer base.” He added: “Together, we anticipate strong growth and success for our clients and employees.”
Mark Johnson, managing partner at Astra Capital Management and member of the LOGIX board of directors, said: “Alpheus’ network complements LOGIX’s operations by adding significant fibre assets, five data centres, managed services, a wholesale business, agent channel and a high-quality customer base enabling LOGIX to accelerate the growth of its operations.”
The transaction is expected to close in Q4 2017, following the satisfaction of customary regulatory closing conditions.
The Gores Group,