Zayo Group Acquires Managed Network, Security Services Provider ENA

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fiber network provider Zayo Groupbacked by private equity firms Digital Colony Partners and EQT partnersacquired Educational Networks of America (ENA) – a provider of managed network connectivity and security services for E-Rate funded school districts and public sector customers.

The seller was a private equity firm ZMCwhich had owned ENA since 2016. Financial terms of the deal were not disclosed

This is technology M&A deal number 237 that ChannelE2E has covered so far in 2022. Discover over 1,000 technology M&A deals involving MSPs, MSSPs and IT service providers listed here.

Zayo Group Acquires ENA: Network Services Strategy

Together, ENA and Zayo plan to provide education, library, community healthcare and public sector customers with managed services and related customer support services.

About Buyer: Zayo Group has more than 3,300 employees listed on LinkedIn. The company operates a 126,000 mile network in North America and Europe. The network covers dark fiber, private data networks, wavelengths, Ethernet, dedicated Internet access and data center connectivity solutions. The Zayo Group has experience in mergers and acquisitions. Another recent deal involved the purchase of SD-WAN managed service provider QOS Networks in January 2022.

About the acquired asset: ENA has 778 employees referenced on LinkedIn. The company designs and engineers connectivity, communication, cloud, security and data analytics solutions.

Zayo Group Buys ENA: Management Perspectives

In a prepared statement about the deal, Zayo Chairman Andrés Irlando said:

“ENA is a leader in providing comprehensive managed network and security solutions for educators, improving academic quality and productivity through digital transformation and the growing need for remote learning. As Zayo seeks to expand its strong public sector capabilities and address the critical connectivity needs of our nation’s education system, ENA brings the technology, geographic reach, and service delivery we need to help our customers thrive. . We are committed to growing this business, providing enhanced services to ENA customers, and supporting the ENA team as we drive growth and innovation together.

David Pierce, CEO of ENA added:

“By joining Zayo, ENA will combine our highly tactile managed services approach and innovative technology solutions with Zayo’s best-in-class fiber optic network and already robust E-Rate practice. Together, we will deliver exceptional value and an industry-leading customer experience, and enable faster growth. We are excited for this next chapter as part of Zayo.

Andrew Vogel, Co-Chief Investment Officer and Managing Partner at ZMC, concluded:

“We thank ENA’s exceptional management team and group of talented employees for their partnership during a period characterized by innovation in a rapidly changing environment. We remain excited about the company’s future prospects with the support of Zayo. »

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