Lightning Broadband Acquired by Superloop | Technology M&A Deal

Superloop has completed the acquisition of Lightning Broadband, a telecom business in State not disclosed. Lightning Broadband provides broadband connectivity services for customers, strengthening Superloop’s telecom acquisition strategy in technology M&A. Superloop acquisitions focus on expanding network reach and service capabilities through strategic acquisition of regional broadband providers. The deal is an add on acquisition by a strategic buyer, with deal size undisclosed, and it closes as a bolt-on style expansion.