Novacap Completes Acquisition of Horizon Telecom
New York – Paul Hastings LLP, a leading global law firm, announced today that it advised Novacap TMT, a leading Montreal-based international private equity firm with approximately $2.3 billion of assets under management, in connection with the completion of its acquisition of Horizon Telcom, an Ohio-based Midwest region provider of fiber-optic bandwidth infrastructure services, and related equity co-investment by HarbourVest, RCP and Hamilton Lane as well as debt financing provided by a lending group led by Antares Capital.
Horizon Telcom provides telecommunications services to Southern Ohio.
The Paul Hastings team was led by M&A/private equity partner
Charlesmead Advisors served as exclusive financial advisor to Horizon in this transaction.
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