OTELCO
Acquisition in 2020
OTELCO is a telecommunications provider that delivers a comprehensive range of voice and data communication solutions for both businesses and residential customers. Operating in seven states, including Alabama, Maine, Massachusetts, Missouri, New Hampshire, Vermont, and West Virginia, OTELCO offers various products and services that are available either statewide or regionally. With a history spanning over a century, the company has been committed to serving rural communities by providing innovative technologies, beginning with telephone services in the late 1800s and evolving to include traditional and digital communication technologies, as well as high-speed Internet access.
VetCor
Acquisition in 2018
Founded in 1996, VetCor operates a chain of veterinary clinics across the United States. It offers comprehensive pet care services including preventive medicine, dental care, animal behavior counseling, pet boarding, general medical and surgical services, and pharmaceutical supplies.
Oxford Networks
Acquisition in 2016
Oxford Networks is a technology company based in Maine that has been providing phone, internet, and data services for over a century. The company operates a robust fiber optic network that spans from Bangor to Boston, offering reliable connectivity to a diverse range of clients, including medical facilities, educational institutions, banks, and restaurants. Oxford Networks specializes in fiber-optic bandwidth infrastructure, delivering services such as data center solutions, managed IT services, voice communication, and internet access. Through its advanced technology services, Oxford Networks is contributing to the transformation of Maine into a modern technology-driven state.
American Skiing Company
Post in 1999
American Skiing Company was one of the largest operators of alpine ski, snowboard and golf resorts in the United States. Its resorts included Sunday River and Sugarloaf, in Maine and The Canyons in Utah.
The Company believes that it is well-positioned to capitalize on certain favorable recent trends and developments affecting the alpine resort industry in the United States, including:
(i) the 66.7 million members of the "baby boom" generation that are now approaching the 40 to 59 year age group where discretionary income, personal wealth and pursuit of leisure activities are maximized (this group is estimated to grow by 16.7% over the next 23 years);
(ii) the "echo boom" generation (children of baby boomers) is emerging as a significant economic force as they begin to enter the prime entry age for skiing, snowboarding and other "on-snow" sports;
(iii) advances in ski equipment technology such as development of parabolic skis which facilitate learning and make the sport easier to enjoy;
(iv) the continued growth of snowboarding as a significant and enduring segment of the industry, which is increasing youth participation in alpine sports; and
(v) a greater focus on leisure and fitness. There can be no assurance, however, that such trends and developments will continue to have a favorable impact on the ski industry.