CCMI, a provider of telecom data and information, has acquired FiberLocator, an online fiber mapping database. The seller was NEF. No financial terms were disclosed. CCMI is a unit of Simplify Compliance, which was formed last December by Leeds Equity Partners LLC following the private equity firm’s acquisition of BLR, DecisionHealth, Argosy and CCMI. Argosy is the parent of PE HUB.
Gaithersburg, MD (July 11, 2017) — CCMI, a business unit of Simplify Compliance, announces the acquisition of NEF’s FiberLocator, an online fiber mapping database. This is the second acquisition by Simplify Compliance since Leeds Equity Partners, LLC invested to form the company in December 2016.
“We’re excited to welcome FiberLocator to the CCMI portfolio. This addition will provide a home for FiberLocator that aligns perfectly with both companies’ goals and future endeavors,” says Dan Oswald, Simplify Compliance CEO.
FiberLocator is a leading telecommunications and colocation database with detailed maps and information on hundreds of facilities-based carriers, thousands of data centers and hundreds of thousands of on-net buildings.
“CCMI and FiberLocator are an ideal fit. CCMI is a staple in the telecommunications industry and the addition of FiberLocator’s powerful databases will complement CCMI’s already robust toolkit,” said CCMI President Michael Yokay. “The acquisition of FiberLocator allows us to continue delivering top-notch products and expertise. We share many of the same customers which creates an opportunity for growth on both sides.”
CCMI will be retaining the FiberLocator staff, bringing their years of expertise to the growing CCMI team.
Steve McCarthy, COO of NEF, noted that FiberLocator was a natural addition to CCMI’s product line. “We’re confident FiberLocator will thrive as part of a company that continues to be a leader and trusted source of data in our industry.”
FiberLocator will partner with NEF in the future to provide optimal coverage for customers. “NEF and FiberLocator will continue to have a relationship following the acquisition. We feel that the new partnership will allow FiberLocator to grow with additional data and features,” said Mike Murphy, NEF CEO.
FiberLocator was represented by Chuck Wiebe, Managing Director of BIA Capital Strategies, LLC.
About Simplify Compliance
Simplify Compliance was assembled by management and Leeds Equity Partners, LLC acquiring leading providers in their respective information and compliance markets. Simplify Compliance helps its customers learn, comply, and succeed by providing mission-critical regulatory and business information, analysis, and tools. Serving a range of industries, including financial services, healthcare, human capital management, and telecommunications, Simplify Compliance provides time-saving products and solutions that help U.S.-based businesses and their employees monitor compliance, optimize financial performance, and create and implement best practices.
Simplify Compliance operates the Argosy Group, BLR, CCMI, and H3.Group business units.
CCMI is the first choice of the leading telecom companies in the industry and is a trusted source for telecom data and information. Our commitment to delivering high-value products positions us as a leader in the telecom data market. Through our expertise in the telecom industry, we have also delivered high-quality services and events to communication service providers and enterprise end-users since 1971.
FiberLocator provides users with a full understanding of the fiber providers within a given area, between two points or at a single location. Comprised of data from hundreds of CLECs and facilities-based carriers, as well as hundreds of thousands of lit buildings and data centers, FiberLocator is the tool for network planners looking to quickly and easily secure the most up-to-date industry information.
About Leeds Equity
Leeds Equity Partners, LLC, is a New York-based private equity firm focused exclusively on investing in the education, training and information services industries (the “Knowledge Industries”). The firm was founded by Jeffrey T. Leeds and Robert A. Bernstein in 1993 and has raised and managed more than $1.5 billion of capital across its private equity funds.