Grain Management, LLC (Grain), a leading private equity firm focused on investments in the communications sector, announced June 19 that it has entered into a definitive agreement to acquire Great Plains Communications – the largest privately-owned telecommunications provider in Nebraska.
“We are enthusiastic about the outstanding performance Great Plains Communications has delivered for its customers, and we are thrilled to partner with the current management team to continue pursuing their vision of being the region’s leading provider of high-quality, fiber-based telecommunications services,” said David Grain, Founder & CEO of Grain Management.
Great Plains Communications serves 69 cities, including the telephone exchanges of St. Edward, Petersburg, Elgin and Oakdale. The company also provides internet service in Albion.
Grain will acquire Great Plains Communications from its current owners, whose families have led the company’s growth since 1910, when it began as a local telephone company. Throughout its long history, Great Plains Communications has strategically transitioned itself into a leading regional provider of fiber-based services through significant investment in its state-of-the-art network and facilities. The company offers residential services, such as digital phone, high-definition cable television, and broadband Internet through DSL, cable modem, satellite or fiber to more than 90 communities across the state. It also provides business services ranging from traditional voice and data products to installation and support of large business networks with scalable Ethernet solutions.
Read the complete story in the June 27 Albion News & Petersburg Press, Print and E-Editions.