Grain Management-Backed Alares Acquires Webby Internet
Acquisition of the São Paulo provider is part of Alares’ inorganic expansion and consolidation strategy.
São Paulo, S.P. (October 4, 2023)
Alares, an independent telecommunications services operator that offers Internet access via fiber optics, pay TV, fixed telephony and streaming, announces that it has acquired the São Paulo operator Webby Internet.
This move represents an important milestone in the evolution of Alares, strengthening its presence in the State of São Paulo, and signaling its arrival in the State of Paraná. Webby, based in Ourinhos, has about 115,000 individual and corporate clients in 55 cities within these two states.
The CEO of Alares, Denis Ferreira, emphasizes the importance of this acquisition: “With Webby, our backbone will reach 25,400 km of network, with a presence in 9 states. In addition, we reached more than 182,000 customers in the State of São Paulo, which represents an increase of more than 3 times in the State, as well as marking our arrival in Paraná.”
With the acquisition, Alares will serve more than 627,000 customers in 175 cities, and will have about 2,300 employees and 90 company-owned stores.
The operation is another step in Alares’ growth strategy. With Webby, Alares encompasses the operations of 20 small and medium-sized providers that have been acquired and fully integrated into a single fiber optic internet access operator.
About Alares
Alares is an independent telecommunications service operator, which provides high-speed Internet access services, mainly via fiber optics, as well as pay TV, fixed telephony and data. It brings together approximately 1,850 employees and operates in 120 cities in six Brazilian states – São Paulo, Minas Gerais, Rio Grande do Norte, Paraíba, Ceará and Bahia. It has a network of more than 17,000 km of high-quality optical fiber, with coverage to connect to more than 1.9 million homes/businesses, serving about 512,000 customers.
About Webby Internet
Founded by Marcelino Cabral in 2008, Webby Internet has about 450 employees and operates in the southwest region of the State of São Paulo and in the north of the State of Paraná. The company is present in 55 cities in both states, has more than 8,400 km of backbone in the states of São Paulo, Paraná, Mato Grosso do Sul and Rio de Janeiro, and has coverage to connect about 900,000 homes/businesses, serving about 115,000 customers.
About Grain Management
Grain Management, LLC is a leading private investment firm that focuses on communications infrastructure and technology companies that connect the world to the information economy. Founded in 2007, the Firm invests exclusively in the global broadband industry, employing a rigorous, data-based process buoyed by deep sector expertise to identify investment opportunities in key areas of communications, including fiber networks, wireless spectrum, cell towers, infrastructure services and managed services. For more information visit www.graingp.com.
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