Midco reported on Friday that it signed an agreement to acquire the WOW! internet, cable and phone system in Lawrence, Kan. The deal marks Midco’s entry into Kansas, where the company would serve more than 30,000 customers in Douglas, Leavenworth and Wyandotte counties. The transaction is subject to regulatory approval and is expected to close within the next few months.

Midco says approximately 70 WOW! employees will be joining the company. Midco reportedly currently employs 1,500 people in the Dakotas and Minnesota.

In 2015, Forbes Magazine put Lawrence as #5 on its list of the Best Small Places for Business and Careers in the U.S. Midco reports that the area’s economy, including low unemployment and a solid housing market, were factors in it decision-making process.

“From healthcare and bioscience to technology and startups, we’re impressed by the growth and innovation happening in Lawrence,” Pat McAdaragh, president and CEO of Midco, says “And it becomes a more powerful, compelling story because Lawrence is home to the University of Kansas, a top-tier public research institution.”