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- Consumer Cellular
Consumer Cellular Acquisition, Valuation, Funding & Investors
Consumer Cellular was acquired by GTCR for $2.3B in October 2020.
Consumer Cellular acquisition price
$2.3B
Acquired by GTCR · Oct 2020
Cumulative funding Consumer Cellular raised
$525M
across 1 funding round
About Consumer Cellular
Consumer Cellular is a Portland-headquartered mobile virtual network operator founded in 1995 that provides wireless services on the AT&T and T-Mobile networks primarily to customers aged 50 and older across the United States. The company offers monthly plans ranging from 1GB to unlimited data with unlimited talk and text. Devices include Motorola and Samsung smartphones, IRIS Easy Flip phones with hearing-aid compatibility and large buttons, GrandPad tablets, IRIS Ally personal emergency response systems with GPS, and Verve Home Phone Base for landline-to-cellular connections. Products sell through Target, Walmart, and the company website.
Founded
1995
HQ
Website
Status
Acquired
Customer focus
B2C
Revenue model
Subscription, Product sales
Valuation
$2.3B (acquired Oct 2020)
Sectors
Consumer Cellular Acquisition
Consumer Cellular was acquired by GTCR for $2.3B on 28 October 2020.
Before the acquisition Consumer Cellular had raised $525M across 1 funding round.
| Acquirer | Date | Type | Price |
|---|---|---|---|
| 28 Oct 2020 | PE buyout | $2.3B |
Consumer Cellular Funding History
Consumer Cellular has raised a total of $525M across 1 funding round.
Consumer Cellular funding rounds
| Date | Stage | Raised |
|---|---|---|
| May 2025 | Undisclosed stage | $525M |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialConsumer Cellular Competitors
Consumer Cellular competitors include listed companies like DIGI Spain, Jiangsu Broadcasting, Spark New Zealand and Proximus, and private ones like United Internet Ventures and Digital InfraCo.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $1.1B | $280M | $2.3B | - | ||
| Publicly listed | $1.2B | $266M | $2.3B | - | ||
| Publicly listed | $2.1B | $672M | $2.2B | 1.5x | ||
| Publicly listed | $7.2B | $2.3B | $2.4B | 1.2x | ||
| Private | - | $324M | $2.7B | - | ||
| Private | - | - | $4.3B | - |
Consumer Cellular Public Comps
Consumer Cellular is no longer listed, but its public comps include DIGI Spain, Jiangsu Broadcasting, Spark New Zealand, Proximus, GMO Internet group, Partner Communications Co., Zain Saudi Arabia, Cyfrowy Polsat, SES and Chorus.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $1.1B | $280M | 2.8x | - | 10.8x | - | |||
| $1.2B | $266M | 1.9x | - | 8.5x | - | |||
| $2.1B | $672M | 1.5x | 1.5x | 4.8x | 5.3x | |||
| $7.2B | $2.3B | 1.2x | 1.2x | 3.8x | 3.9x | |||
| $1.8B | $492M | - | - | - | - | |||
| $1.1B | $367M | 2.6x | 2.6x | 7.4x | - | |||
| $2.9B | $925M | 1.6x | 1.6x | 5.1x | 5.1x | |||
| $3.8B | $910M | 1.6x | 1.5x | 6.5x | 6.9x | |||
This data is available for Pro users. Sign up to see all Consumer Cellular competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Consumer Cellular
| When was Consumer Cellular founded? | Consumer Cellular was founded in 1995. |
| Where is Consumer Cellular headquartered? | Consumer Cellular is headquartered in Phoenix, AZ, United States. |
| Is Consumer Cellular publicly listed? | No, Consumer Cellular was acquired by GTCR in October 2020. |
| Who acquired Consumer Cellular? | Consumer Cellular was acquired by GTCR in October 2020. |
| How much was Consumer Cellular acquired for? | Consumer Cellular was acquired for $2.3B in October 2020. |
| How much funding has Consumer Cellular raised? | Consumer Cellular has raised $525M across 1 funding round. |
| What was Consumer Cellular's last funding round? | Consumer Cellular's last funding round was a $525M undisclosed-stage round in May 2025. |
| Which companies are comparable to Consumer Cellular? | Companies comparable to Consumer Cellular include DIGI Spain, Jiangsu Broadcasting, Spark New Zealand, Proximus, United Internet Ventures and Digital InfraCo. |
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