The combined company would have generated about $1.95 billion in revenue and $381 million in adjusted earnings before interest, taxes, depreciation and amortizatino for the 12 months ended June 30, 2010, on a pro forma basis, including $30 million in expected run-rate synergies in year two and annually thereafter, Paetec said.
After the transaction closes, Paetec expects to have a local presence in 86 of the top 100 metropolitan statistical areas and a presence in 1,178 collocations, or an increase in collocations of 95% as a result of the acquisition.
Cavalier is a privately held company whose majority owner is private-equity firm
M/C Venture Partners
. Its wholly owned subsidiary, Intellifiber Networks, is one of the largest network providers in the nation, according to Paetec.
-- Written by Andrea Tse in New York.
>To contact the writer of this article, click here:
>To follow the writer on Twitter, go to
>To submit a news tip, send an email to:
Copyright 2010 TheStreet.com Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.