AerioConnect Acquires Metro Fiber

M/C Partners Acquires AerioConnect to Establish Residential and Commercial Broadband Platform

September 30, 2020

Telecommunications

M/C Partners, a Boston-based private equity firm focused on communications and IT services, completed the acquisition of AerioConnect, LLC, a Los Angeles-based ISP serving multi‑family and commercial buildings, on September 30, 2020. M/C intends to build Aerio into a platform for residential and commercial broadband in the greater Los Angeles market, investing in products and services and pursuing geographic expansion and additional acquisitions.

M/C Partners Acquires Bel Air Internet to Expand AerioConnect Platform in Southern California

December 21, 2020

Telecommunications

M/C Partners, a Boston-based private equity firm, has acquired Bel Air Internet, LLC (BAI) and will combine it with AerioConnect and Metro Fiber to form a larger regional ISP serving the greater Los Angeles market. Bel Air Internet provides internet, voice and video services to over 800 multi-family and commercial buildings in Los Angeles; the deal is an add-on to expand the AerioConnect platform and accelerate MDU broadband growth in Southern California.

Beanfield Metroconnect Acquires FibreStream

January 25, 2022

Telecommunications

Beanfield Metroconnect, the owner and operator of a large independent fibre-optic network in Toronto and Montreal, acquired FibreStream, an ISP serving condominium residents in the GTA, Ottawa and Vancouver. The deal expands Beanfield’s residential footprint and customer base while retaining FibreStream’s plans and pricing for existing customers.

MetroNet Acquires Vexus Fiber

January 27, 2022

Telecommunications

MetroNet announced a merger with Lubbock-based Vexus Fiber, combining their fiber-to-the-home networks to accelerate FTTH expansion across Texas, New Mexico and Louisiana. The companies will continue to operate under their current brands and leadership teams; terms were not disclosed.

365 Data Centers Acquires Atlantic Metro Communications

November 17, 2020

Cloud & SaaS

365 Data Centers has acquired Atlantic Metro Communications, adding a data center facility in Herndon, Virginia and expanding 365's colocation, network and cloud footprint across the U.S. The transaction increases 365's PoPs and cloud platform locations and brings Atlantic Metro's leadership team into 365's executive ranks.

Zentro and BAI Connect Merge Under M/C Partners to Create Leading Multifamily ISP

August 6, 2025

Telecommunications

M/C Partners has combined regional multifamily ISPs Zentro and BAI Connect into a single company operating under the Zentro brand. The merged business creates a scaled, near-national MDU-focused ISP serving over 100,000 residents and 2,000+ properties, expanding geographic coverage and accelerating rollout of multi-gig and managed Wi‑Fi services.