Horizon Acquires Infinity Fiber, LLC

Horizon Acquires Consolidated Cooperative's Commercial Fiber Business

August 31, 2021

Telecommunications

Horizon, a Columbus-based fiber-optic broadband provider, has acquired Consolidated Cooperative’s commercial fiber business, adding approximately 450 route miles of fiber and expanding Horizon’s Midwest footprint into Delaware, Marion and Richland counties. Consolidated Cooperative will retain its residential fiber internet services while Horizon will continue serving acquired commercial customers under existing contracts.

Zayo Group Acquires Intelligent Fiber Network (IFN)

June 1, 2021

Telecommunications

Zayo Group Holdings, Inc. completed the acquisition of Indiana Fiber Network, LLC d/b/a Intelligent Fiber Network (IFN), adding more than 5,000 route miles of dense fiber and on‑net connectivity to nearly 1,000 enterprise buildings across Indiana. The deal expands Zayo’s Indiana footprint to over 7,500 route miles and is Zayo’s 46th acquisition and its first under private ownership led by EQT Partners and Digital Colony Partners.

Hargray Communications Acquires Infinity Network Solutions

September 9, 2019

IT Services

Hargray Communications has agreed to acquire Infinity Network Solutions, an IT services firm with operations in Macon and Covington, Georgia. The deal expands Hargray’s Data Center and Managed Services (DCMS) capabilities in the Southeast; Infinity’s founders Robert and Brian Betzel will take on leadership roles within Hargray following the transaction.

Oak Hill Capital Backs Omni Fiber with $250M to Expand Midwest Fiber Broadband

July 22, 2022

Telecommunications

Oak Hill Capital committed $250 million from its Oak Hill Capital Partners VI fund as the majority investor in newly formed Omni Fiber to accelerate construction of 100% fiber-to-the-premises networks serving small and mid-sized markets in the U.S. Midwest. Omni Fiber, an Ohio-based FTTP internet service provider led by CEO Darrick Zucco, will offer up to 2 Gbps symmetrical service with no data caps and initial projects in Ohio, Pennsylvania and Michigan targeting underserved communities.

InFuse Holdings Acquires Horizon Infusions with Series A Led by BroadOak Capital Partners

November 6, 2019

Healthcare Services

InFuse Holdings Inc., backed by a Series A investment led by BroadOak Capital Partners, has acquired Cincinnati-based Horizon Infusions, founded in 1997. The financing and acquisition position Horizon as a platform for InFuse to expand a network of ambulatory infusion centers across Ohio and the Midwest.

Shenandoah Telecommunications Company Acquires Horizon Telcom

April 1, 2024

Telecommunications

Shenandoah Telecommunications Company (Shentel) acquired 100% of Horizon Telcom for $385 million ($305M cash and $80M in Shentel stock), a transaction announced Oct. 24, 2023 and completed April 1, 2024. The deal, which represented an exit for Novacap and included GCM Grosvenor exchanging its Horizon equity for Shentel shares, expands Shentel's commercial fiber footprint into Ohio and accelerates its Glo Fiber FTTH expansion.