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Golden Gate Buys Tollgrade Communications

San Francisco-based private equity firm, Golden Gate Capital, has acquired network service provider, Tollgrade Communications.

San Francisco‐based private equity firm, Golden Gate Capital, has acquired network service provider, Tollgrade Communications. The transaction was completed in accordance with the terms of a merger agreement signed in February 2011 and approved by Tollgrade shareholders.

In connection with the deal, Tollgrade's shares will cease to be publicly traded. Tollgrade is a provider of network service assurance solutions for telecommunications operators in the U.S. and Europe.

Click here for the release from Globe Newswire.

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