Everside and Lake Country Capital Invest in US Internet Corp
February 22, 2021
Everside Capital Partners, together with Lake Country Capital and a group of institutional limited partners, provided an additional growth investment in US Internet Corp (USI) to support the company’s continued expansion of fiber-to-the-home and related hosting services. The founder-led management team will remain in place and retain majority ownership as the capital supports accelerated deployment across Minneapolis and adjacent Minnesota markets.
- Buyers
- Everside Capital Partners, Lake Country Capital, Institutional limited partners of Everside (unnamed)
- Targets
- US Internet Corp (USI)
- Industry
- Telecommunications
- Location
- Minnesota, United States
- Transaction Type
- Growth capital
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