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About BCI Broadband

BCI is a broadband telecommunications company providing services and features available, in non-urban markets, including very high-speed Internet, high-definition digital video and digital voice as well as a robust focus on the business community within its markets through its Business Services division.

BCI Broadband Headquarter Location

Purchase, New York,

United States

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Latest BCI Broadband News

BCI Broadband Closes James Cable Acquisition

Jul 9, 2013

BCI Broadband Closes James Cable Acquisition July 9, 2013 By Angela Sormani BCI Broadband has acquired James Cable, whose systems complement BCI’s existing footprint in both Oklahoma and Texas. BCI Broadband is a next-generation broadband MSO formed by the executive management team from the former cable MSO Bresnan Communications in partnership with BBH Capital Partners, a suite of private equity funds sponsored by Brown Brothers Harriman & Co. PRESS RELEASE BCI Broadband (BCI) today completed the acquisition of James Cable, whose systems complement BCI’s existing footprint in both Oklahoma and Texas. The transaction will increase BCI’s homes passed to 300,000 and expand the company’s presence into Louisiana, Tennessee, Georgia and Wyoming. In addition, cable industry pioneer Alan Gerry will join BCI’s Advisory Board coincident with the acquisition. This will mark Mr. Gerry’s first direct involvement in a cable operator since the sale of what was then the 8th largest MSO, Cablevision Industries Corporation (CVI), to Time Warner in 1996. BCI Broadband is a next-generation broadband MSO formed by the executive management team from the former cable MSO Bresnan Communications in partnership with BBH Capital Partners, a suite of private equity funds sponsored by Brown Brothers Harriman & Co. Led by President and CEO Jeffrey S. DeMond and EVP and CFO, Andrew Kober, the James Cable acquisition is the company’s second transaction in 2013. BCI’s aggressive growth plan was first announced through the acquisition of certain assets of Allegiance Communications and with this closing, the former Allegiance and James operations will be combined. The James Cable systems, currently operating under the brand name Mediastream, were owned by GoldenTree Asset Management. Waller Capital Partners served as the exclusive financial advisor to GoldenTree and James Cable in the transaction. “BCI Broadband’s reinvestment plan for the former Allegiance assets is well underway,” said Andy Kober. “Our completion of the James Cable acquisition is a focused next step in our plan, which will build scale and reclaim share as we deliver industry leading products and services to these largely complementary markets.” “Alan Gerry is not just a cable pioneer, but one of the names so often credited with creating our modern cable broadband industry,” said Jeff DeMond. “The relationship between BCI and Alan and his team is as deep as it is long. We welcome our new colleagues at James Cable to the BCI family, and could not be more proud to announce that we are the vehicle chosen by Alan and his team to re-enter the industry.” For additional information please contact: Shawn Beqaj

BCI Broadband Acquisitions

2 Acquisitions

BCI Broadband acquired 2 companies. Their latest acquisition was James Cable on July 09, 2013.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

7/9/2013

Acquired

1

1/17/2013

Private Equity

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$99M

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10

Date

7/9/2013

1/17/2013

Investment Stage

Private Equity

Companies

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Valuation

Total Funding

$99M

Note

Acquired

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Sources

1

10

BCI Broadband Team

1 Team Member

BCI Broadband has 1 team member, including current Chief Financial Officer, Andrew Kober.

Name

Work History

Title

Status

Andrew Kober

Chief Financial Officer

Current

Name

Andrew Kober

Work History

Title

Chief Financial Officer

Status

Current

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