Blue Owl Acquires South Reach Networks

Blue Owl Capital Acquires IPI Partners' Business

January 6, 2025

Financial Services

Blue Owl Capital Inc. completed the acquisition of the business of digital infrastructure fund manager IPI Partners, LLC. The deal brings IPI's digital infrastructure capabilities and AUM into Blue Owl's Real Estate platform and appoints IPI Managing Partner Matt A'Hearn to lead Blue Owl's digital infrastructure strategy.

ACR Group Acquires Blue Sky Network

July 7, 2022

Aerospace & Defense

ACR Group Corporation has acquired Blue Sky Network; Greenwich Capital Group acted as exclusive financial advisor to Blue Sky Network on the transaction. Blue Sky Network will retain its management, brand and engineering capabilities and will join ACR Group’s portfolio to extend satellite communications, tracking and fleet-management offerings across aerospace, government, maritime and commercial markets.

SunPower Acquires Blue Raven Solar

October 21, 2024

Renewable Energy

SunPower Corporation acquired Blue Raven Solar in a cash transaction of up to $165 million to accelerate its residential solar business and expand its geographic footprint into underpenetrated U.S. regions. Blue Raven’s CEO Ben Peterson will join SunPower’s executive team as SunPower combines its products and digital tools with Blue Raven’s direct-to-consumer sales and installation capabilities to grow residential solar and related financing products.

ReachOut Technology Acquires RedGear, LLC

November 1, 2023

Cybersecurity

ReachOut Technology, a Chicago-based IT and cybersecurity firm, has acquired RedGear, LLC, an El Paso–based provider of IT services, structured cabling and secure access control. The deal adds nearly $4 million of revenue and expands ReachOut's capabilities in education and government (including CMMC/DoD compliance) markets.

KKR and Oak Hill Capital Make New Investments in MetroNet

April 21, 2021

Telecommunications

Funds managed by KKR will join long-time partner Oak Hill Capital and MetroNet management in making new equity investments in MetroNet to accelerate deployment of fiber-to-the-premise (FTTP) broadband. The capital will support MetroNet's continued expansion of its 100% fiber optic network into additional U.S. communities and growth of residential and business broadband services.

KKR and T‑Mobile JV Acquires Metronet from Oak Hill and Cinelli Family

July 24, 2024

Telecommunications

KKR and T‑Mobile have completed the acquisition of Metronet through a joint venture, buying the leading independent fiber-to-the-home (FTTH) operator from majority shareholders Oak Hill Capital and the Cinelli family. Metronet will operate as a wholesale network builder and commercial services provider while T‑Mobile Fiber takes responsibility for residential customers; Oak Hill and the Cinelli family will remain minority investors in the new JV. The transaction is intended to accelerate fiber deployment across underserved U.S. markets and leverage Metronet’s network engineering and build capabilities alongside T‑Mobile’s retail and customer experience capabilities.