Representation of G4 Communications in sale of Assets to FirstLight Fiber
Mergers and acquisitions
Oct 14, 2014
FirstLight Fiber Completes Acquisition of G4 Communications’ Assets
Transaction expands FirstLight’s presence throughout New Hampshire
ALBANY, NY – October 14, 2014 – FirstLight Fiber, a facilities-based telecommunications service provider operating fiber optic networks in Upstate New York and Northern New England with connectivity to Canada, announced today that it has completed its acquisition of substantially all of the assets of New Hampshire-based G4 Communications, including G4’s customer base and data center located at 77 Sundial in Manchester, New Hampshire.
FirstLight’s fiber optic network spans 190,000 fiber miles throughout New Hampshire, Maine, Vermont, Massachusetts and New York. With the acquisition of G4, FirstLight now operates five data center facilities (three facilities located in New Hampshire, one in Vermont and one in New York), serving the needs of wholesale and business customers throughout the Northeast. FirstLight’s local team, operating out of its main New Hampshire offices in Nashua and Manchester as well as several other locations throughout the state, and the Company’s state-wide, advanced fiber optic network will further enhance the support and services presently offered to G4’s customer base.
“This is a significant transaction for FirstLight, our customers, and the entire region,” commented Kurt Van Wagenen, President and Chief Executive Officer of FirstLight. “The G4 assets, paired with FirstLight’s existing network and capabilities, strengthen our presence in New Hampshire and will translate to higher quality service and support for our customers. The transaction benefits leading enterprises throughout New Hampshire, including healthcare organizations, financial institutions, government agencies and educational institutions. We are excited to welcome the talented G4 staff to FirstLight, and we plan to continue offering the same high level of local service and support that their customers have come to expect.”
“G4’s assets are a natural fit for FirstLight,” stated Gent Cav, Founder and President of G4 Communications. “As part of FirstLight, G4 is better able to bring fiber-based broadband data, Internet and telephony services to customers throughout New Hampshire. We look forward to FirstLight’s continued success in this state.”
Rx Green Raises $500,000
Aug 28, 2013
Successful First Raise of Capital
August 28, 2013
Rx Green Solutions announces first close of $385,000 on its $500,000 equity offering
A first close of $385,000 was initiated by Rx Green Solutions on its fundraising effort started this month. 77% of the $500,000 non-brokered equity offering was placed with three investors. The company expects to raise an additional $115,000 to close the offering within a year. This is the first known offering initiated by the company on the US private placement market.
Rx Green Solutions designs and commercializes all-natural plant nutrient solutions for hydroponic and field application. The company offers commercial grade technologies and solutions to address the needs of urban farmers and growers. The company’s products are available in stores primarily located on the northern east and west coasts or online. The product line encompasses five products ranging in price between $30 to $35.
The company, headquartered in Manchester NH and led by Todd Brady, was registered in 2012. Rx Green Solutions elected not to disclose its revenues.
Status: First close
Company: Rx Green Solutions
Amount offered: $500,000
Amount placed: $385,000
Data courtesy of www.marketdatascore.com
Written by Random Research — Leave a Comment — Posted in Equity — Tagged with agriculture, hydroponic, nutrient solution, rx green solutions
Fast Search & Transfer ASA Acquires RetrievalWare
Mergers and acquisitions
Aug 13, 2007
Fast Search & Transferâ„¢ (OSEAX: FAST.OL) (FASTâ„¢), a leading developer of search technologies, acquired selected assets of Convera Corporation (NASDAQ: CNVR), a leader in information retrieval solutions. Under the terms of the agreement, FAST acquired the assets of Convera's RetrievalWareâ„¢ business which supports a wide range of mission-critical programs at government agencies and commercial enterprises. The acquisition, priced at $23 million, signaled FAST's commitment to expand its presence primarily in the government markets.
FAST is headquartered in Norway and is publicly traded under the ticker symbol FAST on the Oslo Stock Exchange. The company operates globally with presence in Europe, the U.S., Asia, Australia, the Americas, and the Middle East