May 5, 2021

https://www.businesswire.com/news/home/20210505005385/en/Bel-Air-Internet-and-Aerio-Connect-Merge-to-Form-BAI-Connect

Fast-Growing ISP Continues Expansion in Los Angeles for multi-family and commercial properties

LOS ANGELES, CA – May 5, 2021 – Bel Air Internet and Aerio Connect, leading Internet Service Providers to multi-family and commercial clients in the greater Los Angeles and Las Vegas markets, today announced the newly merged company rebrand and name change to BAI Connect. Both companies were previously acquired by M/C Partners, a Boston-based Communications and Technology Services focused private equity firm.  BAI Connect is now one of the largest ISPs in the region, providing high-quality and feature rich services to more than 1,300 buildings, servicing over 24,000 customers.

BAI Connect not only brings together the previous brands, but solidifies the combined companies, their unified stance, offering, and new direction in the industry. Brady Adams, CEO of BAI Connect stated, “We chose to retain the brands from both companies in the name change to BAI Connect because we recognized the incredible products and values that each company has been providing to its customers for years. By merging the two names, we’re not only embracing the previous successes of both companies, but also poising the company for the next chapter of exponential growth.”

The companies were merged following the December 2020 acquisition of Bel Air Internet by M/C Partners.  Bel Air Internet formed in 2002 to bring better quality high-speed internet to the region and grew to deliver Internet, DIRECTV and Voice services to more than 50,000 daily users in Southern California and Las Vegas.  Its private fiber/wireless network provides a reliable, guaranteed-speed Internet and communications services across residential, commercial, student housing developments, film studios, hotels and live events.  Aerio Connect offers Internet, Voice and Video services to more than 500 multi-family and commercial buildings offering customers up to gigabit speed broadband connections throughout its footprint.  Together, BAI Connect offers reliable high-speed Internet: a critical component to a company’s profit, productivity, collaboration and customer satisfaction to over 100,000 daily users and is managed by over 25 years combined industry experience.

Ryan Carr, Partner at M/C Partners says, “We are extremely excited to not only merge these companies into one of the largest ISPs in the region, but also to continue with their long history of providing highly advanced, quality services to some of the most prestigious properties on the market. We will not only continue our strong focus on customer service, but also look to the future with expansion into new geographic markets as well as enhancement of our current product portfolio.”

The company will execute an aggressive growth plan to expand its network beyond its current serving areas into new markets so that it can provide service to more residential and commercial customers. In addition, the company will be enhancing its robust product portfolio to keep up with the ever-changing connectivity needs of consumers. For more information on BAI Connect, visit www.baiconnect.com.

About BAI Connect

BAI Connect is the leading provider of Internet, Voice and Video services to the greater Los Angeles area and spanning across Southern California and Las Vegas. As one of the fastest-growing communications providers in the country, BAI Connect provides services to multi-family and commercial properties including some of the most prestigious buildings in the regions. The company has full control over a private, state-of-the-art fiber/wireless network which allows them to deliver reliable, guaranteed-speed Internet, Managed Wi-Fi, Television as well as Digital and Hosted Voice services.

About M/C Partners

Based in Boston, M/C Partners is a private equity firm focused on small and mid-sized businesses in the communications and technology services sectors. For more than three decades M/C Partners has invested $2.2 billion of capital in over 130 companies, leveraging its deep industry expertise to understand long-term secular trends and identify growth opportunities. The firm is currently investing its eighth fund, partnering with promising companies and empowering strong leaders to accelerate growth, optimize operations, and build long-term value. For more information, visit www.mcpartners.com.