Birch Communications on Monday put the finishing touches on its acquisition of Florida-based DayStar, a deal that bolsters the CLEC's presence in several southwest Florida markets and other areas in the southeastern United States.
Oddo (Image source: Birch)
Marking its 16th acquisition it has made since 2006, DayStar is another element of Birch's 'tuck-in' acquisition strategy. This "tuck in" acquisition strategy targets service providers that offer similar services and geographic coverage.
Vincent Oddo, president and CEO of Birch, said in a press release that completing the DayStar acquisition not only deepens its Southwest Florida expansion—an effort that includes previous acquisitions of both AstroTel and Cordia—but expands its overall facilities-based IP network reach.
"Through this acquisition, Birch continues its recent expansion into southwest Florida," he said. "DayStar's Metaswitch-based facilities network, and many thousands of business customers, fit very well into our growing facilities-based enterprise."
Unlike the horror stories that plagued other competitive providers in swallowing other companies in recent years, Birch continues to be an anomaly by completing the integration of its various acquisitions typically three months after it completes a purchase.
The service provider said that it is on track to complete the integration of DayStar's assets "within the next 90 days."
- see the release
Birch acquires DayStar Communications' assets
Birch Communications secures $110M in refinancing effort
UPDATED: Birch Communications gets more funding to purchase new equipment
Birch beefs up Fla. network, customer base by completing AstroTel acquisition