Searchlight Capital Partners Invests in Arizona Broadband Provider Wecom

Searchlight Capital Partners and Simple Broadband Invest in All Points Broadband

July 6, 2021

Telecommunications

Searchlight Capital Partners, together with Simple Broadband LLC, made a strategic growth investment in All Points Broadband to accelerate the Virginia- and mid‑Atlantic-focused ISP's fiber-to-the-home and fixed wireless expansion. The capital will support All Points Broadband's initiative to scale rural FTTH buildouts through partnerships with electric utilities and local communities to bridge the digital divide.

Searchlight Capital Partners Invests in Mainstream Fiber Networks

October 30, 2023

Telecommunications

Searchlight Capital Partners has made a strategic growth investment in Mainstream Fiber Networks to accelerate the Indiana-based fiber ISP's expansion into unserved and underserved rural communities. The capital will support Mainstream's buildout of next-generation fiber across the state, leveraging existing grant relationships and aiming to connect hundreds of thousands of homes and businesses.

Northleaf Capital Partners Acquires Controlling Interest in Mercury Broadband

November 8, 2022

Telecommunications

Northleaf Capital Partners has acquired a controlling interest in Mercury Broadband and will invest up to $230 million to accelerate Mercury's deployment of high-speed fiber and fixed wireless broadband across underserved rural markets in the U.S. Midwest. The capital will support construction of more than 12,000 miles of outside plant and hundreds of fixed wireless access sites across select markets in Kansas, Indiana, Missouri, Michigan, Ohio and Illinois.

PC Capital Invests in Netwey to Accelerate FTTH and Expand Affordable Internet in Mexico

March 25, 2022

Telecommunications

PC Capital Development Fund II completed a growth investment in ISLIM Telco, S.A.P.I. de C.V. (Netwey), a Mexican ISP that provides prepaid, low-cost internet plans to low-income households. The investment will fund Netwey's expansion and the build-out of its own telecommunications infrastructure (including FTTH) to accelerate deployment into underserved communities.

Searchlight-Led Investor Group Acquires Frontier's Northwest Operations to Form Ziply Fiber

May 1, 2020

Telecommunications

A Searchlight Capital Partners-led investor group, together with WaveDivision Capital (WDC), PSP Investments, BCI and CPP Investments, completed the $1.352 billion acquisition of Frontier Communications' Northwest operations and assets and committed an additional $500 million for network and service improvements to form Ziply Fiber. The new company, headquartered in Kirkland, Washington, will focus on upgrading the region to predominantly all-fiber service for roughly 500,000 residential and business subscribers across Washington, Oregon, Idaho and Montana.

Digital Alpha Advisors Invests $185M in WeLink to Expand Fixed-Wireless Broadband

January 7, 2021

Telecommunications

Digital Alpha Advisors has made a $185 million investment in WeLink, a fixed-wireless broadband provider, becoming the company’s leading outside investor and taking board seats. The growth capital will fund WeLink’s network expansion and subscriber acquisition as it scales from its Las Vegas footprint into additional U.S. metro areas (including Phoenix and Tucson).