BEDFORD, N.H. November 16, 2017
Single Digits, Inc.—a leading global provider of High Speed Internet Access (HSIA) management software and support solutions—recently announced the acquisition of Airwave Networks—a leading provider of wired and wireless internet access and digital TV to student housing and MDU properties. For over 15 years, Airwave Networks has been known throughout the industry for providing best-in-class customer service and innovative Private Student Housing solutions. Airwave’s staff of over 150 employees will join the Single Digits team.
The fusion of Single Digits and Airwave is an exciting development in the student housing market, and will provide the industry with high speed Internet and CATV solutions supported by professionally engineered networks, expert staff and superior customer service.
“The acquisition of Airwave Networks enables Single Digits to support our customers like never before— with unrivaled scalability in technology and a larger support team. The technology platform gives our customers a tremendous advantage in their market, with reduced operating costs and more resources available to their customers,” explains Bob Goldstein, CEO of Single Digits.
With this announcement, Airwave’s nearly 120,000 student and MDU customers will receive the instant benefit of Single Digits’ Network Operations Center (NOC), multi-language support service and powerful software. The Broadband Authentication Platform (BAP) is Single Digits’ proprietary software, which streamlines all processes on student move-in day—using Property Management System (PMS) integration, and improving network supportability through advanced proactive monitoring and integrated trouble ticketing.
Bill Rinard, CEO of Airwave Networks adds, “We were approached by many different companies, and ultimately felt that Single Digits was the best fit for our customers and employees. Their innovative software platform, 24/7 support, and extensive NOC capabilities offer tremendous benefits. As the Wi-Fi hospitality leader, providing over 200 million unique authentications per year, we were convinced that Single Digits has the technology and capacity to handle the demands of our customer base and provide top-notch service.”
Airwave has served student housing and MDU properties in 44 states as well as Canada. With a dedicated technical staff of engineers experienced in RF analysis, networking, web applications and software engineering—along with recent developments in integrating IOT into networks—Airwave has provided property owners and managers with the ability to offer the technologically advanced amenities demanded by today’s student and apartment residents.
Single Digits CEO Goldstein concluded, “Airwave has built an excellent reputation with its clients and their residents by delivering the industry’s highest level of installation and field support. We’re confident Single Digits’ software and NOC services combined with Airwave’s strong Wi-Fi and bulk TV systems engineering and project management teams will be a winning combination.”
Financing for the transaction was provided by GOLDMAN SACHS SPECIALTY LENDING GROUP.
Single Digits is a portfolio company of BREGAL SAGEMOUNT, a growth-focused private capital firm based in New York.
ABOUT AIRWAVE NETWORKS
Airwave Networks customizes complex telecommunication packages and manages communication networks catered to the specific needs of the multi-dwelling housing environment. Founded in 2001, Airwave has demonstrated outstanding subscriber growth each year—and their student housing experience includes an eight-year history of managing telecommunications services for one of the largest companies in the student housing market.
ABOUT SINGLE DIGITS
As a leading global provider of High Speed Internet Access (HSIA), Single Digits enables property owners to monetize their Wi-Fi networks through our award winning Broadband Authentication Platform. The company provides services to property owners in hospitality, malls, transportation, small box retail, mixed use and Class A office space. Single Digits delivers turnkey solutions including IP network design, guest Wi-Fi monetization, professional services, ongoing maintenance, network monitoring, multi-lingual support, revenue reporting and authentication tracking. The company has more than 250 employees with network operating centers in New Hampshire, Colorado, Nevada, Texas and Tijuana, Mexico.
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