Grain Management Acquires Majority Interest in 123NET
July 22, 2024
Grain Management, a specialist investor in digital infrastructure, has completed a majority investment in Michigan-based ISP and data center operator 123NET. The partnership will support expansion of 123NET's fiber and high-density data center capabilities across Michigan while leaving the company's leadership in place with a meaningful ownership stake.
- Buyers
- Grain Management, LLC
- Targets
- 123NET
- Industry
- Telecommunications
- Location
- Michigan, United States
- Transaction Type
- Buyout
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