How we invest
Two ways to partner with Rand Networks.
Every deal starts from the same requirement — we take management control. From there, sellers choose the structure that fits how they want to exit.
Approach
How we grow every WISP we acquire. Our model combines operational discipline with group-level leverage, so each network we acquire grows faster and more efficiently than it could on its own.
Active management
We install experienced operators who adopt industry-leading practices across network operations, customer experience, and back-office efficiency.
Group buying power
Acquired WISPs tap into the group's collective purchasing scale, lowering equipment and vendor costs across the portfolio.
Core network partner
A dedicated core network partner reduces cost of sale and accelerates time to revenue for every new customer connection.
Outsourced marketing
Marketing is outsourced to specialists, freeing local teams to focus on network quality and customer service while still driving subscriber growth.
Growth
Disciplined growth, targeted at 20–30% per year. Every WISP in the Rand Networks portfolio is managed against a clear growth target, paired with the operational and commercial support needed to hit it sustainably, year over year.
Acquire
Identify & acquire
We target well-run wireless ISPs with room to scale under focused, active ownership.
Optimize
Install excellence
Active management adopts best practices in network operations, sales, and customer retention.
Scale
Grow with leverage
Group purchasing power, core network partnerships, and outsourced marketing compound growth.
Partnership structures
Option A
Controlling stake
- We acquire a controlling stake in your WISP
- We pay an upfront fee for that controlling stake
- We install active management and implement our operating playbook
- You retain your remaining shareholding, with an ongoing monthly fee paid according to that shareholding
Option B
Full acquisition
- We acquire 100% of the business
- A clean, complete exit — no ongoing shareholding or involvement required
- Full management transition to Rand Networks from day one
How we value a WISP
Valuations range from 8–20x monthly recurring revenue on wireless subscriptions, depending on the condition of towers, employees, and assets.
Payment timeline also affects the multiple: 100% cash upfront sits at the lower end of the range, while a structured payment — for example, 20% upfront with the balance paid over 36 months — supports a higher valuation.