Stonepeak has plans to pay $2.4 billion for Intrado Corp.’s safety business, a provider of critical public emergency telecommunications services.
Following the transaction, Digital Workflows, part of the life & safety segment, will be retained by Intrado.
For more than 40 years, Intrado’s safety business has been the foundation for 911 infrastructure in the United States, connecting citizens with public safety answering points (PSAPs) and first responders. The business delivers critical emergency data over a highly reliable, secure, standards-based network that serves 3.1 million wireless sites, 2.5 billion telephone numbers, 13,600 PSAP seats, and an extensive cloud and data center footprint across the United States and Canada.
Stonepeak said the investment builds upon its experience investing in businesses across the communications and digital infrastructure landscape globally, including data centers; 5G wireless infrastructure; residential broadband n