Platinum Equity
>> Mergers. Acquisitions. Operations.

>> Mergers. Acquisitions. Operations.

Covad

Telecom · Public-to-Private Transactions · Acquired in April 2008

Provides integrated voice and data communications across the largest owner-operated, national broadband network.

Platinum Equity Portfolio Company Covad broadband network.
  • The only national facilities-based provider of data, voice, and wireless telecommunications solutions for small and medium-sized businesses.
  • Broadband services are currently available in 44 states and 235 major metropolitan markets.
  • Key supplier of high-bandwidth access for telecommunications services providers like EarthLink, AT&T, and Verizon Business.

“Platinum's approach will bolster the successful execution of Covad's business strategy while providing the resources and support necessary for sustained growth. We believe that the resulting increased market competitiveness, improved capital structure, and enhanced product and network capabilities best position our customers, partners, and employees for the future.” Charles Hoffman, President & CEO, Covad