TruVista, of Chester, S.C, has signed two definitive agreements to buy cable systems in Toccoa and Clayton, Ga., serving about 5,000 customers.
The Toccoa system will be acquired from Northland Cable Properties Seven Limited Partnership and the Clayton system will be acquired from Northland Cable Properties. The combined systems currently pass about 18,000 homes.
"We are excited about the opportunity to serve our new customers and to become part of the Northeast Georgia communities of Toccoa, Royston, Canon, Clayton, Lake Rabun and Sky Valley," TruVista CEO Brian Singleton said in a release. "These systems are a nice fit for TruVista as we have operated in communities similar to these since our inception. We look forward to offering the latest technologies and quality services that our existing customers have come to expect from TruVista."
Waller Capital Partners LLC advised TruVista and RBC Capital Markets advised the sellers.