Interpath Communications

About Interpath Communications

Interpath Communications originated as a division of Capitol Broadcasting Company in 1994, initially operating as an internet service provider in the Carolinas. The company experienced rapid growth and was recognized as one of the 50 fastest-growing technology companies in North Carolina. A significant milestone occurred on January 1, 1998, when Interpath merged with CaroNet, a subsidiary of Carolina Power and Light, to form a new entity named Interpath Communications. This strategic merger transitioned the company's focus to providing a broad range of managed software applications and related end-to-end support services.

The firm's business model centered on partnering with hardware and software vendors to offer businesses a portfolio of applications, including ERP and eCommerce software. It operated in the IT Consulting and Outsourcing industry, serving various businesses with its technology solutions. The company was privately held, with Carolina Power and Light listed as an investor. Ultimately, Interpath Communications was acquired by USinternetworking on May 21, 2002.

It is important to distinguish this entity from the contemporary global financial advisory firm, Interpath Advisory. This modern firm was established in 2021 following a carve-out of KPMG's UK restructuring business, backed by H.I.G. Europe. Interpath Advisory specializes in deal advisory, restructuring, and value creation, supporting businesses and their investors. The firm has been actively expanding its global footprint through strategic acquisitions, including KPMG's French restructuring business and the German consulting firm Kerkhoff.