GTT acquires Accelerated Connections

GTT Communications, Inc. (NYSE: GTT), the global cloud networking provider to multinational clients, has announced the acquisition of Accelerated Connections (ACI), a Toronto-headquartered provider of managed networking, voice-over-IP (VoIP) and colocation services, serving large distributed Canadian enterprises, the company said.

GTT will disclose financial terms of its acquisition of ACI with its first quarter 2018 results, consistent with its practice for smaller acquisitions.

Bank Street Group LLC served as adviser to Accelerated Connections on this transaction.

GTT provides multinationals with a better way to reach the cloud through its suite of cloud networking services, including optical transport, wide area networking, Internet, managed services, voice and video services. The company´s Tier 1 IP network, ranked in the top five worldwide, connects clients to any location in the world and any application in the cloud. GTT delivers an outstanding client experience by living its core values of simplicity, speed and agility. For more information on how GTT is redefining global communications, visit www.gtt.net.

Accelerated Connections (ACI), headquartered in Toronto, serves more than 1,600 distributed enterprises in Canada. ACI operates a national network and two state-of-the-art data center facilities. The company offers a full suite of connectivity services, including colocation, hosted VoIP and managed network service. For more information on ACI, visit www.connections.ca/.