Searchlight Capital Partners and Simple Broadband Invest in All Points Broadband

Searchlight Capital Partners Invests in Mainstream Fiber Networks

October 30, 2023

Telecommunications

Searchlight Capital Partners has made a strategic growth investment in Mainstream Fiber Networks to accelerate the Indiana-based fiber ISP's expansion into unserved and underserved rural communities. The capital will support Mainstream's buildout of next-generation fiber across the state, leveraging existing grant relationships and aiming to connect hundreds of thousands of homes and businesses.

Searchlight Capital Partners Invests in Arizona Broadband Provider Wecom

May 15, 2023

Telecommunications

Searchlight Capital Partners made a strategic minority investment in Arizona-based broadband provider Wecom LLC, with additional minority support from Simple Broadband LLC, to accelerate Wecom’s expansion of high-speed fiber Internet to unserved and underserved communities across Arizona. The growth capital will fund fiber-to-the-home network expansion, support public-private partnerships (including work in Mohave County and the Hualapai Nation), and create local jobs.

Patriot Capital Invests in ThinkBig Networks

August 2, 2022

Telecommunications

Patriot Capital has made a growth capital investment in ThinkBig Networks, LLC, a fiber-to-the-premises (FTTP) internet service provider deploying broadband in four Maryland counties. The funding will help ThinkBig accelerate its network development to bring fiber connectivity to thousands of homes and businesses in underserved and unserved areas.

Charlesbank Capital Partners Makes Strategic Growth Investment in Searchlight Cyber

January 18, 2024

Cybersecurity

Charlesbank Capital Partners has made a strategic growth investment in Searchlight Cyber, a Portsmouth-based dark web intelligence and threat intelligence software company. The founders and existing investor Astra Capital Management remain invested; proceeds will be used to accelerate R&D, expand go-to-market capabilities and support organic growth and acquisitions. Financial terms were not disclosed.

GI Partners Acquires Rise Broadband

January 2, 2023

Telecommunications

GI Partners has completed the acquisition of Rise Broadband, a leading fixed wireless and fiber-to-the-home broadband provider serving primarily rural communities across 16 states. GI Partners is committing new capital to accelerate Rise Broadband's rollout of fiber-to-the-home services and improve customer experience under the existing Rise management team.

Bain Capital Credit Acquires Majority Stake in Surf Broadband Solutions

June 15, 2021

Telecommunications

Bain Capital Credit will acquire a majority stake in Surf Broadband Solutions and commit significant growth capital to accelerate the company’s fiber-to-the-premises (FTTP) network expansion across the Great Lakes region. Post Road Group will remain an investor alongside Bain; the company will continue to be led by its current management team and the deal is expected to close in Q3 2021 subject to customary approvals.