Hart Telephone Company Acquires
Georgia Cable Television System
 

Tampa, Florida - Communications Equity Associates (“CEA”) announced today that it represented Hart Telephone Company (“Hart”) in the acquisition of the Galaxy Cable, Inc. cable television system serving Avalon and Martin, Georgia. Hart Telephone and its subsidiary, Hart Cable, currently provide cable television service as well as telephone and DSL service in Hartwell and Hart County, Georgia. The Avalon and Martin system will be combined into the Hartwell operation.

Edward H. Frazier, Jr., Senior Vice President of CEA represented the buyer in the transaction. Mr. Frazier is based in CEA’s Tampa, Florida headquarters.

About CEA
Founded in 1973, CEA is a leading provider of investment banking services and private equity to the global media and entertainment, communications and information technology industries. With a team of highly experienced personnel worldwide, CEA has an unequaled depth and breadth of industry knowledge, expertise and long-standing industry relationships. CEA has completed over 900 transactions totaling $40 billion in 60 countries. CEA’s international reach is extended to key markets including Munich, London, Madrid, Paris and Prague through its European partnership, goetzpartners. CEA’s affiliates also manage, co-manage or participate in a worldwide family of private equity funds with committed capital of approximately $1.15 billion for private equity investments in the industries CEA serves. Included in this amount is an ownership interest in the general partner of a €367 million European-based private equity fund. CEA’s reputation and track record of success are built on delivering innovative, value-added solutions and services to clients worldwide. CEA Media Group, LLC is a member of the NASD and SIPC.