On March 12, 2018, GTT Communications, Inc. (NYSE: GTT) ("GTT") announced its cross-border acquisition of Toronto-headquartered Accelerated Connections ("ACI").

GTT is the leading global cloud networking provider to multinational clients. The company's Tier 1 IP network, ranked in the top five worldwide, connects clients to any location in the world and any application in the cloud.

ACI serves more than 1,600 distributed enterprises in Canada. ACI operates a national network and two state-of-the-art data center facilities, offering a full suite of connectivity services, including colocation, hosted VoIP and managed network service.

Gowling WLG advised ACI in this transaction with a team led by David Petras (corporate/M&A) and that included John Durdan and Stephanie Hayes (technology) and Steven Baum (tax).