Lightpath Acquires WANRack's Phoenix Network Assets

CBRE Caledon Acquires Fiber Network Operator WANRack

July 2, 2021

Telecommunications

CBRE Caledon Capital Management Inc. has completed the previously announced acquisition of WANRack LLC, a fiber operator and developer that provides broadband connectivity (primarily to K-12 school districts) across the United States. The seller was Grain Management, which had been the controlling investor; WANRack's founder and CEO Rob Oyler and management retain an equity stake and will continue to lead the company.

Lightpath to Acquire United Fiber & Data Assets

June 10, 2024

Telecommunications

Lightpath has signed a definitive agreement to acquire substantially all of the assets of United Fiber & Data; the deal is subject to regulatory approvals and expected to close in Q3 2024. The acquisition adds a geographically diverse, high-fiber-count 323-route mile long-haul network between New York City and Ashburn, VA, plus a 79-route mile metro network in NYC/NJ, expanding Lightpath's capacity into the Ashburn data center ecosystem and increasing Manhattan serviceable market by over 20%.

Lightpath Acquires Cambridge Network Solutions, Hub Fiber Assets and Local Provider to Enter Boston Market

June 16, 2021

Telecommunications

Lightpath announced three concurrent acquisitions to establish an all-fiber, enterprise-grade presence in the Greater Boston area: the purchase of Cambridge Network Solutions (CNS), a second local connectivity provider (unnamed), and the acquisition of fiber network assets from Hub Fiber. The deals add over 80 route miles of fiber serving more than 100 locations (including 12 data centers) and connect Lightpath’s new Boston footprint to its NY Metro network.

WANRack Acquires KwiKom Communications

January 12, 2023

Telecommunications

WANRack, a national fiber infrastructure provider backed by CBRE Investment Management, entered into a definitive agreement to acquire JMZ Corporation d/b/a KwiKom Communications. KwiKom — a Kansas-based operator of fiber optic and fixed wireless broadband serving parts of Kansas, Missouri, Oklahoma and Nebraska — will continue operating under its brand; the deal is expected to close in Q1 2023 subject to customary approvals.

Gateway Fiber Merges with WANRack and KWIKOM, Unifying Operations Under Gateway Fiber

July 29, 2025

Telecommunications

Gateway Fiber announced a merger with E‑Rate provider WANRack and consumer broadband provider KWIKOM, consolidating the three businesses to operate under the Gateway Fiber brand. WANRack's E‑Rate services will continue as “WANRack powered by Gateway Fiber” through the end of 2025 while the companies integrate to expand residential, business, enterprise, and education broadband offerings.

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.