Gigstreem and Aerwave combine into national multifamily connectivity platform

Gigstreem and Aerwave have combined to form a larger managed WiFi and connectivity provider for multifamily properties across 29 states. The deal expands the companies’ engineering, support and market reach as property managers look for a single national partner.

Why it matters: - The combined company is positioned to serve multifamily owners and residents with a single connectivity platform across 29 states, 54 markets and 204 cities. - The deal addresses rising demand from large property managers for enterprise-grade, portfolio-wide internet and WiFi service. - The expanded footprint and support resources could improve consistency for operators managing multiple communities.

What happened: - Gigstreem announced a combination with Aerwave on September 2, 2026. - The two companies said the new organization will create a next-generation managed WiFi platform for the real estate industry. - Gigstreem will continue serving multifamily and commercial properties, while Aerwave brings fiber-based managed WiFi capabilities for multifamily, build-to-rent, condominium and master-planned communities.

The details: - The combined platform will have broader operational capacity and deeper engineering expertise. - The company says the footprint spans 29 states, 54 markets and 204 cities. - Demand has accelerated as NMHC Top 50 property managers have grown their collective portfolios by more than 60% over the past decade. - Houlihan Lokey served as exclusive financial advisor to Gigstreem. - Bank Street served as exclusive financial advisor to Aerwave. - Terms of the transaction were not disclosed. - Existing customers of both companies will continue receiving service without interruption. - Gigstreem was founded in 2017. - Aerwave was founded in 2019. - More information is available on Gigstreem's website.

Between the lines: - The combination reflects consolidation in multifamily connectivity, where property managers increasingly prefer fewer vendors that can support large national portfolios. - The companies are betting that scale, execution and a broader service area will matter as connected living becomes a standard operating requirement rather than a premium add-on. - The transaction brings together complementary strengths rather than overlapping brands, which may help speed integration.

What's next: - Residents and property teams are expected to see expanded connectivity solutions over time as the combined organization integrates its network and support capabilities. - The companies will likely focus on growth, customer experience and national expansion under one platform. - The combined leadership said the goal is to shape the next generation of connected communities.