SecureVision, a provider of bulk broadband services for resort properties and communities, continues to evaluate acquisitions to boost its Gulf Coast footprint.

CEO Robert Kleban and Robert Reid, founding partner of SecureVision private equity backer Snowhawk, told this news service that the company—after announcing two acquisitions last month—is prioritizing organic growth in 2026 but selectively evaluating similar businesses with strong customer relationships. Reid said vacation rental markets in the Southeast, particularly the Florida Panhandle, are highly attractive.

Other ideal targets include fiber broadband providers for multiple dwelling units, as well as related ancillary businesses, such as security camera companies, Kleban added. The company would also consider acquiring companies catering to single family homes in large, planned communities, he said.

SecureVision would consider tuck-ins as well as large, transformational deals. Multiples in the space for high-quality businesses can vary from 15x EBITDA to the high 20s, Reid said. Typical EBITDA margins are between 40% and 60%, he noted.

SecureVision operates primarily from Alabama to Panama City, Florida, and along the coast. It also has operations in Georgia and South Carolina.

The concierge communications company provides resort properties and communities with bulk fiber-based connectivity services including premium fiber, wireless internet, phone and CCTV, as well as guest concierge services. It works with homeowner associations, condominium associations, property owners, multifamily building managers, vacation communities, and short-term rentals.

In February, SecureVision announced the acquisitions of bulk connectivity providers IPacket Networks and ENCO in separate transactions. Terms were undisclosed.

Reid said IPacket and ENCO were both similar in size to SecureVision in terms of units and “meaningfully changed the size of the business.”

The IPacket deal closed in early 2025 and ENCO later in the year. Both deals were funded with cash, Reid said.

Today, SecureVision has more than 30,000 units, compared to 9,000 when Snowhawk acquired a majority stake in July 2024, according to Kleban. That same month, Reid told this news service SecureVision was pursuing its first acquisitions with backing from his firm.

SecureVision is the second portfolio company for Snowhawk, which was co-founded in 2022 by Reid after he spent close to 22 years with The Blackstone Group.

Both executives declined to comment on revenue but said the company is profitable and that 95% of revenue is recurring via long-term, contracted bulk service agreements.

Other players in the space, according to Reid, include large incumbents like AT&T, as well as other specialty regional players such as Hotwire Communications and Blue Stream Fiber.

Last year, Brookfield Infrastructure Partners acquired Hotwire for around USD 7bn from Blackstone. Beyond that transaction, there has been little M&A in the sector, which is currently in a “land-grab” phase as most companies focus on execution, according to Reid.

Reid said SecureVIsion has no near-term plans to exit.

Snowhawk uses law firms Kirkland & Ellis and Dentons.