ExteNet Systems, a wireless-infrastructure company whose business is soaring with the demand for video and data by smartphone and tablet users, is Chicago’s newest “unicorn” with a valuation over $1 billion.
Archives for: July 23rd, 2015
CHICAGO, July 23, 2015 — ExteNet Systems , Inc., a leading provider of distributed networks enabling outdoor and indoor wireless connectivity, today announced that Digital Bridge Holdings (Digital Bridge) and Stonepeak Infrastructure Partners Stonepeak Infrastructure Partners (Stonepeak) have committed or arranged for over $1 billion in a recapitalization of the company in which the interests of existing investors will be […]
Kevin Smithen of Macquarie Securities took a closer look at the sale of ExteNet Systems to Marc Ganzi’s Digital Bridge and Stonepeak Infrastructure Partners.
Distributed networking vendor ExteNet Systems has agreed to be acquired by Digital Bridge Holdings, an investment group with several tower holdings, and a private equity firm, in a deal worth more than $1 billion.
After months of merger rumors, ExteNet Systems has received $1 billion in recapitalization from Digital Bridge Holdings and Stonepeak Infrastructure Partners.