Wren House Infrastructure Acquires i3 Broadband from Seaport Capital

i3 Broadband Acquires Big River Broadband and Circle Fiber

May 31, 2023

Telecommunications

i3 Broadband has completed the acquisition of Big River Broadband and its wholly owned subsidiary Circle Fiber, expanding i3's fiber-to-the-home footprint into southeast Missouri. The Peoria-area operator said the deal closed on May 31, 2023 and that it expects to invest an additional $100 million to grow the southeast Missouri market and expand gigabit services.

i3 Broadband Acquires VoiceSpring

October 5, 2022

Telecommunications

i3 Broadband (Peoria, Illinois) completed an asset purchase and operational merger with VoiceSpring, Inc., a cloud-based VoIP provider headquartered in Illinois. The acquisition adds hosted phone systems and SIP trunking capabilities to i3's commercial product lineup; VoiceSpring operations and employees will remain in place and the transaction closed on October 3.

Oak Hill Capital Acquires Majority Stake in Wire 3

January 4, 2024

Telecommunications

Oak Hill Capital has acquired Wire 3 from Guggenheim Investments and committed up to $250 million to accelerate the fiber-to-the-home expansion across underserved communities in Florida. Wire 3’s management will remain shareholders and continue to lead the business as Oak Hill supports the company’s network buildout and customer growth.

CBRE Investment Management Acquires Gateway Fiber from Crosstimbers Capital Group

January 27, 2023

Telecommunications

A fund sponsored by CBRE Investment Management has entered into a definitive agreement to acquire Gateway Fiber, a Wright City, Missouri-based fiber-to-the-home provider, from Crosstimbers Capital Group. CBRE IM said the acquisition will expand its private infrastructure portfolio and enable integration with its middle-mile portfolio company WANRack to accelerate broadband deployment in underserved communities; the deal is expected to close in February 2023 pending regulatory approvals.

Wren House Acquires Equity Stake in SeaCube Container Leasing from Ontario Teachers'

October 4, 2023

Transportation

Wren House Infrastructure Management has agreed to purchase an equity stake in SeaCube Container Leasing Ltd., entering a co-control arrangement with Ontario Teachers' Pension Plan Board. The investment will support SeaCube's growth plans—particularly its refrigerated container and cold‑chain offerings—by combining Wren House's infrastructure expertise with Ontario Teachers' ongoing ownership and SeaCube's 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.