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Zayo Group Closes Acquisition of Public Sector Technology Services Provider Education Networks of America.

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MANews-(C)2009-2022

US-based fiber-based communications solutions provider Zayo Group has closed the acquisition of Nashville, US-based Education Networks of America, a provider of managed network connectivity and security services to E-Rate-funded school districts and other public sector customers, the company said.

Previous investor ZMC, a private equity firm focused on technology, media and communications investments, will exit its position as part of this transaction.

ENA and Zayo say they are uniquely positioned to provide education, library, community healthcare and public sector customers with high-quality managed services and exceptional customer care.

The transaction is subject to customary regulatory approvals and closing conditions.

Skadden and Morgan Lewis are serving as legal counsel for Zayo in connection with the transaction.

Evercore is serving as financial advisor for ENA, and Kirkland and Ellis LLP is serving as its legal advisor.

Zayo Group provides mission-critical bandwidth to the world's most impactful companies, fueling the innovations that are transforming society.

The company's 126,000-mile network in North America and Europe includes extensive metro connectivity...

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