Access Media 3 Receives $30M in Funding

Access Media 3 (AM3), an Oakbrook, IL –based provider of comprehensive Internet, TV and Voice services including design, installation, maintenance and management of these services for multi-dwelling units, has received $30m in funding.

Backers include ORIX Venture Finance and Petra Capital Partners.

The company intends to use the capital to expand both organically and through strategic acquisitions in new regional markets in the Mid-Atlantic area.

Led by CEO Scott Rediger, AM3 now supplies triple-play TV/internet/voice services to multi-dwelling unit properties in Florida, Georgia, Illinois, Minnesota, Tennessee, Virginia, and Washington D.C., with over 50,000 subscribers in over 500 properties.

FinSMEs

09/02/2012

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