Platinum Equity
Mergers. Acquisitions. Operations.

Mergers. Acquisitions. Operations.

MegaPath

Telecom · Public-to-Private Transaction · Acquired in September 2010

Provides data, voice, and wireless telecommunications solutions for small- to medium-sized businesses, as well as high-bandwidth capabilities for enterprise-level telecom providers.

Platinum Equity Portfolio Company Covad broadband network.
MegaPath, the result of a Platinum Equity merger between SpeakEasy, Covad, and MegaPath, provides data, voice, and telecommunications services for enterprise-level providers.

KEY FACTS

  • Serves customers in 44 US states and 235 major metropolitan areas with Ethernet, DSL, and T1 lines
  • Over 85,000 business customers and over 4,500 partners
  • Provides data, voice, and wireless telecommunications solutions
  • Supplies high-bandwidth access for telecom services providers such as EarthLink, AT&T, and Verizon

INITIATIVES

  • In 2009 deployed Multiprotocol Label Switching and upgraded nationwide network capacity to enable advanced video, voice, and data services
  • In 2010 Launched nine new products including GigE handoff, Bonded T1 over SDSL, and the first implementation of Ethernet over copper
  • In 2010 merged Covad with SpeakEasy and Megapath to create one of the largest IP communications networks in North America

NEWS

updated 02/12
“Platinum's approach will bolster the successful execution of our business strategy while providing the resources and support necessary for sustained growth.” Charles Hoffman, President & CEO, Covad