Grain Management Acquires Conexão Group from ACON Investments

inherent group Acquires CONEXIO Telecom

March 11, 2025

Telecommunications

inherent group has acquired CONEXIO Telecom, an independent French provider of high‑speed connectivity and telephony (UCaaS) solutions. The deal — supported by Keensight Capital — strengthens inherent group's local B2B telecommunications footprint across France, expands its branch network and enables CONEXIO to broaden its offering with IT and cybersecurity services.

Grain Management Acquires Majority Interest in Summit Broadband from Cable Bahamas Ltd.

January 22, 2020

Telecommunications

Washington, D.C.-based private equity firm Grain Management, LLC acquired a majority interest in Summit Vista, Inc. (dba Summit Broadband) from Cable Bahamas Ltd. Summit Broadband is a fiber-optic telecommunications provider serving residential, business and carrier customers across central and southwest Florida. The deal closed in January 2020 after being announced in August 2019; financial terms were not disclosed.

Grain Management Acquires LightRiver Technologies & Software

April 4, 2022

Telecommunications

Grain Management, a private investment firm focused on broadband and communications, has acquired LightRiver's Technologies & Software entities from CVF Capital Partners and Plexus Capital. The deal expands Grain's presence in network services and software—LightRiver provides optical network integration, deployment services and the netFLEX network automation software—financial terms were not disclosed.

Grain Management Acquires Quintillion (QSH Parent Holdco LLC)

February 15, 2024

Telecommunications

Grain Management, a Washington, D.C.-based investment firm focused on digital infrastructure, has completed its acquisition of QSH Parent Holdco LLC (Quintillion), the leading provider of subsea and terrestrial fiber connectivity in Alaska and the North American Arctic. Quintillion operates a subsea and terrestrial high-speed fiber network and provides broadband connectivity, satellite ground station, and edge processing services to government and commercial telecommunications providers; the deal is intended to accelerate broadband expansion in Alaska and strengthen geostrategic connectivity for national defense.

Grain Management Acquires Majority Stake in Hunter Communications

August 20, 2019

Telecommunications

Washington, D.C.-based private equity firm Grain Management has acquired a majority interest in Hunter Communications, a regional fiber-optic network operator serving southern Oregon and parts of northern California. The deal (terms undisclosed) will support Hunter's network densification and footprint expansion as the company prepares for growth under Grain's ownership.

Fremman Capital Acquires Majority Stake in connexta

March 27, 2024

IT Services

Fremman Capital has acquired a majority stake in Munich-headquartered IT services platform connexta from AURELIUS Wachstumskapital, with the company's management and sellers remaining as significant minority shareholders. H.I.G. WhiteHorse Europe provided a €90 million debt financing package to support the acquisition and connexta's planned buy-and-build expansion across the German SME market.