Novacap's Oxford Networks to merge with BayRing Communications
Oxford Networks, a portfolio company of Canadian private equity firm Novacap, has agreed to merge with BayRing Communications. The financial terms of the deal were not disclosed. Oxford said the combined entity will be the largest competitive telecommunications provider headquartered in Northern New England. The merger will also enable both businesses to leverage their strengths to expand services to existing client bases and continue growth in New England and beyond. Based in Lewiston, Maine, Oxford, is a provider of end-to-end technology solutions. As reported by peHUB Canada, the technology group of Novacap acquired a majority interest in the company in 2014.
4 June 2015•4 mins read
