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Earlier this week, the company completed a previously announced acquisition of AGL Networks and announced a new agreement to buy the Rochester, N.Y.-based network service provider American Fiber Systems Holding Corp.
"Zayo Group continues to focus on infrastructure-based acquisitions that complement or bolster our existing network assets," Zayo CFO Ken desGarennes said in a statement. "AGL Networks is a pure-play dark-fiber infrastructure provider and is expected to add $9-10m of post-synergized EBITDA and $160m of total contract value to Zayo Group."
The AGL acquisition adds 850 route miles of dark fiber and 270 buildings to the company's network. The acquired company's network reaches into Atlanta, Ga., Phoenix, Ariz., and Charlotte, N.C.
AGL's top 20 customers contribute about 70 percent of the company's total revenue. The biggest segment served by AGL are national carriers and ISP's, who comprise 60 percent of the company's clients. Public sector and enterprises contribute 15 percent, wireless carriers bring 11 percent, seven percent of revenue comes from the financial vertical and another seven percent is contributed by data center, disaster recovery and technology companies.
Zayo expects to close its acquisition of AFS within the next three or four months. The deal ÔÇô Zayo's 15th acquisition since 2007 ÔÇô will expand Zayo's fiber presence in nine Tier 1 and Tier 2 US metro markets.
The AFS network is comprised of 800 route miles of fiber in six metro markets that are new for Zayo: Boise, Idaho, Kansas, Mo., Las Vegas and Reno, Nev., Nashville, Tenn., and Salt Lake City, Utah. The acquisition will add about 400 route miles in markets where Zayo already has presence: Atlanta, Ga., Cleveland, Ohio, and Minneapolis, Minn.
About 75 percent of AFS' revenue base is in Atlanta, Boise and Las Vegas.
Louisville, Colo.-based Zayo's infrastructure consists of regional, metro fiber and fiber-to-tower networks, spanning 141 markets in 23 states.
Earlier this week, the company completed a previously announced acquisition of AGL Networks and announced a new agreement to buy the Rochester, N.Y.-based network service provider American Fiber Systems Holding Corp.
"Zayo Group continues to focus on infrastructure-based acquisitions that complement or bolster our existing network assets," Zayo CFO Ken desGarennes said in a statement. "AGL Networks is a pure-play dark-fiber infrastructure provider and is expected to add $9-10m of post-synergized EBITDA and $160m of total contract value to Zayo Group."
The AGL acquisition adds 850 route miles of dark fiber and 270 buildings to the company's network. The acquired company's network reaches into Atlanta, Ga., Phoenix, Ariz., and Charlotte, N.C.
AGL's top 20 customers contribute about 70 percent of the company's total revenue. The biggest segment served by AGL are national carriers and ISP's, who comprise 60 percent of the company's clients. Public sector and enterprises contribute 15 percent, wireless carriers bring 11 percent, seven percent of revenue comes from the financial vertical and another seven percent is contributed by data center, disaster recovery and technology companies.
Zayo expects to close its acquisition of AFS within the next three or four months. The deal ÔÇô Zayo's 15th acquisition since 2007 ÔÇô will expand Zayo's fiber presence in nine Tier 1 and Tier 2 US metro markets.
The AFS network is comprised of 800 route miles of fiber in six metro markets that are new for Zayo: Boise, Idaho, Kansas, Mo., Las Vegas and Reno, Nev., Nashville, Tenn., and Salt Lake City, Utah. The acquisition will add about 400 route miles in markets where Zayo already has presence: Atlanta, Ga., Cleveland, Ohio, and Minneapolis, Minn.
About 75 percent of AFS' revenue base is in Atlanta, Boise and Las Vegas.
Louisville, Colo.-based Zayo's infrastructure consists of regional, metro fiber and fiber-to-tower networks, spanning 141 markets in 23 states.