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On the Record · GTT Communications

GTT Communications acquisitions, on the record

The businesses GTT Communications bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Custom Connect International B.V. (Custom Connect)
Word for word“In December 2017, we acquired Custom Connect International B.V. ("Custom Connect").” 10-K for 2017
acquisitionIn December 2017—
Transbeam, Inc. (Transbeam)
Word for word“In October 2017, we acquired Transbeam, Inc. ("Transbeam").” 10-K for 2017
acquisitionIn October 2017—
Global Capacity
Word for word“In September 2017, we acquired Global Capacity for $104.0 million in cash consideration, of which $4.0 million was net cash acquired, and 1,850,000 unregistered shares of our common stock valued at $53.6 million at closing.” 10-K for 2017
acquisitionIn September 2017we acquired Global Capacity for $104.0 million in cash consideration, of which $4.0 million was net cash acquired, and 1,850,000 unregistered shares of our common stock valued at $53.6 million at closing.
Perseus Telecom (Perseus)
Word for word“In June 2017, we acquired Perseus Telecom ("Perseus").” 10-K for 2017
acquisitionIn June 2017—
Hibernia Networks (Hibernia)
Word for word“In January 2017, we acquired Hibernia Networks ("Hibernia") for $529.6 million in cash consideration, of which $14.6 million was net cash acquired, and 3,329,872 unregistered shares of our common stock, initially valued at $75.0 million on the date of announcement, and ultimately valued at $86.1 million at closing.” 10-K for 2017
acquisitionIn January 2017for $529.6 million in cash consideration, of which $14.6 million was net cash acquired, and 3,329,872 unregistered shares of our common stock, initially valued at $75.0 million on the date of announcement, and ultimately valued at $86.1 million at closing.
Telnes Broadband (Telnes)
Word for word“In February 2016, we completed the acquisition of Telnes Broadband ("Telnes").” 10-K for 2017
acquisitionIn February 2016—
One Source Networks Inc. (One Source)
Word for word“In October 2015, we completed the acquisition of One Source Networks Inc. ("One Source").” 10-K for 2017
acquisitionIn October 2015—
MegaPath Corporation (MegaPath)
Word for word“In April 2015, we acquired MegaPath Corporation ("MegaPath").” 10-K for 2017
acquisitionIn April 2015—
Access Point, Inc.
Word for word“In October 2018, we acquired Access Point, Inc. ("Access Point").” 10-K for 2018
acquisitionIn October 2018—
Interoute Communications Holdings S.A.
Word for word“On May 31, 2018, we closed on the transaction and acquired Interoute.” 10-K for 2018
acquisitionOn May 31, 2018, we closed on the transaction and acquired Interoute.—
Accelerated Connections, Inc.
Word for word“In March 2018, we acquired Accelerated Connections, Inc. ("Accelerated Connections").” 10-K for 2018
acquisitionIn March 2018—
Custom Connect International B.V.
Word for word“In December 2017, we acquired Custom Connect International B.V. ("Custom Connect").” 10-K for 2018
acquisitionIn December 2017—
Transbeam, Inc.
Word for word“In October 2017, we acquired Transbeam, Inc. ("Transbeam").” 10-K for 2018
acquisitionIn October 2017—
Perseus Telecom
Word for word“In June 2017, we acquired Perseus Telecom ("Perseus").” 10-K for 2018
acquisitionIn June 2017—
Hibernia Networks
Word for word“In January 2017, we acquired Hibernia Networks ("Hibernia") for $529.6 million in cash consideration, of which $14.6 million was net cash acquired, and issued 3,329,872 unregistered shares of our common stock, initially valued at $75.0 million on the date of announcement, and ultimately valued at $86.1 million at closing.” 10-K for 2018
acquisitionIn January 2017$529.6 million in cash consideration, of which $14.6 million was net cash acquired, and issued 3,329,872 unregistered shares of our common stock, initially valued at $75.0 million on the date of announcement, and ultimately valued at $86.1 million at closing.
Telnes Broadband
Word for word“In February 2016, we completed the acquisition of Telnes Broadband ("Telnes").” 10-K for 2018
acquisitionIn February 2016—
KPN International
Word for word“In December 2019, we acquired KPN International ("KPN").” 10-K for 2019
acquisitionIn December 2019—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Goodwill from acquisitions
2016-12-31$14.1 million$4.5 million
2017-12-31$706.3 million$334.7 million
2018-12-31$2.24 billion$1.13 billion
2019-12-31$52.6 million$28.8 million

Deal filings since 2016

Read from GTT Communications’s annual reports (10-K for 2019, 10-K for 2018, 10-K for 2017) and the financial data it files with the SEC, as of 2020-03-02. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.