PE-backed Xplornet Communications acquires YourLink

Xplornet Communications Inc has acquired YourLink, a provider of high-speed wireless Internet to rural and remote communities in Saskatchewan, from Vecima Networks Inc. Financial terms were not disclosed. Xplornet, a pan-Canadian rural Internet service company, said the deal will expand its fixed wireless broadband footprint in Saskatchewan. Based in Woodstock, New Brunswick, Xplornet has been a portfolio company of U.S. private equity firm Catalyst Investors and Canadian firm Werklund Capital Corp since 2010.

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