Grain Management Acquires Majority Interest in Summit Broadband from Cable Bahamas Ltd.

Grain Management Acquires Majority Interest in 123NET

July 22, 2024

Telecommunications

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.

Grain Management Acquires Quintillion (QSH Parent Holdco LLC) to Expand Fiber Connectivity in Alaska

February 15, 2024

Telecommunications

Grain Management, LLC has completed its acquisition of QSH Parent Holdco LLC (Quintillion), a fiber-based connectivity provider serving Alaska and the North American Arctic. Quintillion supplies broadband connectivity along with satellite ground station and edge processing services to government and commercial telecommunications providers, and its network supports critical redundancy programs for Alaska broadband infrastructure.

Grain Management Acquires Spectrotel

January 19, 2023

Telecommunications

Grain Management, a private investment firm focused on broadband and communications infrastructure, has completed its acquisition of Spectrotel, a New Jersey-based integrated technology and managed services provider. Spectrotel's founder Jack Dayan will retain a minority stake and Ross Artale will become CEO; the deal expands Grain's activity in the managed services segment of the global broadband industry.

GI Partners Acquires Rise Broadband

January 2, 2023

Telecommunications

GI Partners has completed the acquisition of Rise Broadband, a leading fixed wireless and fiber-to-the-home broadband provider serving primarily rural communities across 16 states. GI Partners is committing new capital to accelerate Rise Broadband's rollout of fiber-to-the-home services and improve customer experience under the existing Rise management team.

Summit Broadband Acquires NexGen Connected Communities

April 14, 2022

Telecommunications

Summit Broadband, a Grain Management portfolio company, has acquired NexGen Connected Communities to expand its residential and commercial broadband portfolio in Florida. NexGen, founded in 2015, provides fiber‑optic internet, VoIP and television solutions to multi‑tenant residential communities; Summit said it will integrate its products and technology to broaden service speeds and offerings for NexGen customers.

Grain Management Acquires Majority Stake in Hunter Communications

August 20, 2019

Telecommunications

Washington, D.C.-based private equity firm Grain Management has acquired a majority interest in Hunter Communications, a regional fiber-optic network operator serving southern Oregon and parts of northern California. The deal (terms undisclosed) will support Hunter's network densification and footprint expansion as the company prepares for growth under Grain's ownership.