Global Capacity has completed its acquisition of MegaPath’s network services business unit.
The acquisition expands Global Capacity’s One Marketplace, which is a combination of aggregation, automation and information to streamline and simplify the process of designing, pricing, procuring and delivering data connectivity solutions.
“Market factors, including Ethernet and cloud growth as well as the proliferation of higher bandwidth applications are creating unprecedented demand for connectivity services,” said Erin Dunne, director of research at Vertical Systems Group. “Global Capacity and MegaPath’s combined network and automation systems form a business that eases the process of extending network connectivity.”
Global Capacity has fulfilled connectivity solutions to over 14 million businesses across the U.S., automating greater than 70% of orders from design to bill. The platform processes more than 26 million connectivity quotes annually.
The platform has 41 Points of Presence (PoPs), 2,007 central offices (COs) and over 4,500 last-mile network interconnections.
“The disruptive nature of the One Marketplace platform has become increasingly self-evident in the market, and the ability to accelerate the scale and competitiveness of our platform through the addition of these assets is very exciting,” said Jack Lodge, president of Global Capacity. “We will continue our drive to fundamentally change the landscape of the global data connectivity market, and this acquisition accelerates the pace at which we can continue to disrupt the status quo.”
Global Capacity will remain a privately held company owned by Pivotal Group.
“We believe Global Capacity’s management team, leading technology, and global reach uniquely position the company to fundamentally transform the way companies buy network connectivity,” said F. Francis Najafi, founder and CEO of Pivotal Group. “Completing the acquisition of the MegaPath strategic assets will scale our platform and significantly improve our competitive pricing capabilities in the market place.”
