Campus Televideo, which provides cable TV, data and voice services to colleges and universities nationwide, announced Eureka Growth Capital’s (“Eureka”) expanded investment in the company. Eureka bought out the stake of another investor, Capital Resource Partners.
“Campus Televideo has been partnered with Eureka Growth Capital for more than nine years,” said Brian Benz, CEO of Campus Televideo. “This deal will provide Campus Televideo with the support necessary to continue our company’s growth in serving the ever-changing video and residential data needs of colleges and universities around the country.”
“The Campus Televideo team has demonstrated its commitment to excellence during our partnership. This commitment was critical to the company establishing its market leading position, and we are very pleased to increase our investment and continue to work with the Campus Televideo team to capitalize on compelling opportunities for continued growth,” said Chris Hanssens, Managing Partner of Eureka.
Headquartered in Greenwich, CT, Campus Televideo provides custom cable television and telecommunications services to more than 220 colleges and universities nationwide. Through the company’s recently acquired Xwires Communications’ division, solutions are also provided to more than 175 buildings for over 40 off-campus student housing property owners.