MetroNet Acquires Vexus Fiber

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.

Ezee Fiber Acquires Tachus Fiber Internet

September 12, 2025

Telecommunications

Houston-based Ezee Fiber, backed by infrastructure investor I Squared Capital, has closed the acquisition of Tachus Fiber Internet, expanding Ezee Fiber’s all‑fiber footprint across Greater Houston including The Woodlands. The deal strengthens Ezee Fiber’s route network and subscriber base as it accelerates FTTH passings and service rollouts, and positions the company to surpass roughly 600,000 homes and businesses passed by the end of 2025.

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.

Metronet Acquires US Internet

September 2, 2025

Telecommunications

Metronet has acquired US Internet (USI), a Minnetonka-based pure-play fiber provider whose network reaches more than 140,000 homes and businesses in the greater Minneapolis area. Terms were not disclosed; the deal follows Metronet’s recent acquisition by a T‑Mobile and KKR joint venture and results in an exit for investor Everside Capital Partners.

Meriplex Acquires Vergent Communications

May 1, 2020

Telecommunications

Meriplex Communications, a Houston-based managed IT and SD-WAN provider, has acquired Dallas-based telecommunications firm Vergent Communications to expand its footprint in the Dallas–Fort Worth market. The acquisition adds Vergent’s voice, data and hosted/cloud communications capabilities to Meriplex’s portfolio, advancing Meriplex’s regional expansion and managed services offering.

MetroNet Acquires Jaguar Communications

July 1, 2020

Telecommunications

MetroNet (MetroNet Holdings, LLC) has acquired Owatonna, Minnesota-based Jaguar Communications, integrating the regional fiber-optic provider into its 100% fiber network to expand ultra-high-speed internet, phone and IPTV services across southern Minnesota. MetroNet expects to invest an additional $150 million or more to grow the Minnesota market; terms were not disclosed and the companies will fully integrate under the MetroNet brand.