ImOn Communications, a leading provider of high-speed Internet services across Iowa and beyond, announces today that its acquisition of Danville Telecom has acquired all regulatory approvals and the transaction has closed.
Founded in 1901 as Danville Mutual Telephone Company, Danville Telecom delivers 100% fiber-optic telecommunications services to residential and business customers in Danville. Through its subsidiary iConnectYou, the company also provides broadband services in Burlington, Fort Madison, Keokuk, Montrose, Wever and West Burlington.
ImOn Communications, established in 2007, has become a premier provider of fiber-based Internet, TV, and phone services across Iowa. ImOn is currently constructing a new fiber infrastructure in five Southeast Iowa communities. The acquisition of Danville Telecom will enable ImOn to build upon Danville’s existing fiber assets and more rapidly expand next-generation services to both homes and businesses in Burlington, West Burlington, Fort Madison, and Keokuk.
“For more than a century, Danville Telecom has been proud to serve our community with reliable, local service,” said Gena Parsons, Chief Operating Officer of Danville Telecom. “Joining forces with ImOn ensures our customers will continue to receive the same personal care they’ve come to expect, while gaining access to enhanced technology and expanded resources for the future.”
“We are thrilled to welcome Danville Telecom’s customers and team members into the ImOn family. This acquisition strengthens our ability to deliver fast, reliable internet and exceptional service, while preserving the community-focused values that both companies share,” said Patrice Carroll, President and CEO of ImOn Communications. “We’re excited to become part of the Danville community.”
ImOn was advised by Shuttleworth & Ingersoll, PLC, and Morgan, Lewis & Bockius LLP. Dentons Davis Brown PC served as the exclusive advisor to Danville Telecom.