Gores Group Adds Alpheus To Telecom Portfolio

Law360, New York (September 21, 2011, 1:35 PM EDT) -- The Gores Group LLC on Wednesday announced its acquisition of Texas data center operator Alpheus Communications LP from fellow private equity firm Genesis Park LP and natural gas giant El Paso Corp.

Los Angeles-based Gores said it intends to merge Alpheus with another telecommunications company in its portfolio, First Communications LLC, but otherwise refused to reveal the terms of the deal.

“The acquisition of Alpheus Communications provides Gores with a tremendous opportunity to expand upon our current telecommunications holdings, particularly our fiber and high-bandwidth transport services...
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