Circumference Group Acquires Majority Stake in Broadband Development Group

Circumference Group Acquires Majority Stake in The Computer Works

July 12, 2022

Telecommunications

Circumference Group, an operationally-focused investment firm based in Little Rock, acquired a majority stake in The Computer Works (TCW), a Conway, Arkansas-based provider of fiber and fixed wireless internet and related IT services. The investment will provide capital and operational support to help TCW expand and continue providing broadband connectivity to residential and commercial customers across Arkansas; terms were not disclosed.

The Stephens Group and Circumference Group Provide Growth Capital to The Computer Works

December 11, 2024

Telecommunications

The Computer Works (TCW), an Arkansas-based fiber and fixed wireless internet provider, received a growth capital investment led by The Stephens Group, LLC alongside existing investor Circumference Group. The funding will accelerate TCW’s fiber expansion into underserved Arkansas communities, support preparation for BEAD funding opportunities, and scale its voice and hosting service offerings.

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.

TowerBrook Acquires Majority Stake in Berkeley Research Group (BRG)

February 27, 2025

Consulting

TowerBrook Capital Partners has made a majority equity investment in Berkeley Research Group (BRG), a Washington, D.C.-based expert services and consulting firm. As part of the transaction, existing investor Endeavour Capital will exit, BRG's management team will remain in place under CEO Tri MacDonald, and a syndicate led by Royal Bank of Canada will provide committed financing.

Risk Strategies Acquires Benefit Design Group LLC

August 29, 2023

Insurance

Risk Strategies, a national specialty insurance brokerage, has acquired Benefit Design Group LLC (BDG), an independent Portland-based retail agency specializing in health, life and retirement solutions. The acquisition expands Risk Strategies' employee benefits capabilities and strengthens its presence in the Pacific Northwest; terms were not disclosed.

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.