Antin Infrastructure Partners Acquires FirstLight from Oak Hill Capital

FirstLight Acquires BestWeb

June 3, 2020

Telecommunications

FirstLight, a fiber-optic network operator backed by Antin Infrastructure Partners, agreed to acquire BestWeb to deepen its fiber footprint across Westchester, Rockland and Putnam counties, adding approximately 170 route miles of fiber. The deal, announced June 3, 2020, was expected to close in Q4 2020 (and subsequently completed later that year) and expands FirstLight’s capability to serve K-12, enterprise and carrier customers in the lower Hudson Valley.

Oak Hill Capital Acquires Controlling Interest in Greenlight Networks

March 7, 2022

Telecommunications

Oak Hill Capital will acquire a controlling interest in Greenlight Networks through its Oak Hill Capital Partners VI fund and plans to invest up to $300 million to accelerate the fiber-to-the-home expansion across New York and beyond. Greenlight currently serves approximately 80,000 homes, employs about 160 people, and the transaction is expected to close pending New York State Public Service Commission approval.

FirstLight Acquires TruePath Technologies

September 1, 2020

IT Services

FirstLight has completed its acquisition of TruePath Technologies, adding TruePath's network and enterprise monitoring capabilities to FirstLight's managed services portfolio. The deal, an add-on to FirstLight (which is PE-backed by Antin Infrastructure Partners), is intended to expand FirstLight's managed monitoring and enterprise monitoring offerings for its carrier and enterprise customers across the Northeast and mid‑Atlantic.

FirstLight Acquires PrimeLink

February 11, 2020

Telecommunications

FirstLight has signed a definitive agreement to acquire PrimeLink, a regional provider of voice and data services and a subsidiary of The Champlain Telephone Company. The deal expands FirstLight's fiber footprint across Upstate New York (including Plattsburgh, Glens Falls, Queensbury, Albany and the Lake Champlain corridor) and adds fiber capacity on a route into Montreal, Canada; financial terms were not disclosed and the transaction was expected to close in Q3 2020.

FirstLight Acquires ColoSpace

December 10, 2019

IT Services

FirstLight, a Northeast fiber-optic and telecom provider headquartered in Albany, New York, acquired Massachusetts-based ColoSpace, a regional colocation and managed IT services provider. The acquisition adds four data centers (nearly 20,000 square feet) and expands FirstLight's data center, cloud and managed services capabilities across Massachusetts and southern New Hampshire; financial terms were not disclosed.

Antin Infrastructure Partners Acquires Majority Stake in PearlX

February 17, 2023

Renewable Energy

Antin Infrastructure Partners has acquired a majority stake in PearlX, a U.S.-based owner and operator of smart grid infrastructure focused on decarbonizing multifamily rental properties. The investment, the first North America commitment from Antin's NextGen platform, will be used to scale PearlX's team and deployment of solar, battery storage and electrification solutions across the U.S.