Greenlight Networks Acquires FastBridge Fiber

Oak Hill Capital Acquires Controlling Interest in Greenlight Networks

March 7, 2022

Telecommunications

Oak Hill Capital will acquire a controlling interest in Greenlight Networks through its Oak Hill Capital Partners VI fund and plans to invest up to $300 million to accelerate the fiber-to-the-home expansion across New York and beyond. Greenlight currently serves approximately 80,000 homes, employs about 160 people, and the transaction is expected to close pending New York State Public Service Commission approval.

Greenlight Networks To Acquire Loop Internet

July 9, 2025

Telecommunications

Greenlight Networks has reached a definitive agreement to buy Loop Internet, a locally owned fiber-to-the-home provider serving the Scranton, Pennsylvania area. The deal is expected to close later this year, pending regulatory approvals, and will expand Greenlight’s presence in the Wilkes-Barre/Scranton market while accelerating fiber deployment.

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%.

Oak Hill Capital Invests in NetSpeed LLC to Accelerate Northeast Fiber Deployment

January 21, 2021

Telecommunications

Oak Hill Capital has formed a partnership with NetSpeed LLC to provide capital and support to accelerate NetSpeed's expansion of fiber-to-the-premises networks across the Northeastern United States. NetSpeed's founder Frank Chiaino and management remain significant investors in the business while Oak Hill will contribute operational and financial expertise to scale deployments.

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.

Ripple Fiber Acquires BridgeNET Fiber to Expand Statesville, North Carolina Footprint

June 10, 2025

Telecommunications

Ripple Fiber, a Charlotte-based fiber network operator, has acquired BridgeNET Fiber of Statesville, North Carolina, with the deal closing June 4, 2025. The transaction brings BridgeNET's team and assets into Ripple Fiber and supports a projected expansion to 18,000 passings in Statesville, accelerating local fiber deployment and expanding Ripple Fiber's North Carolina presence.