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

Element8 Secures $200M from Digital Alpha and Acquires AtLink Services

March 15, 2023

Telecommunications

Element8 (E8), a Fort Worth–based next‑generation ISP, secured a $200 million strategic investment from Digital Alpha to fund national expansion and network buildout. As part of its growth strategy E8 moved to acquire Oklahoma City–based fixed‑wireless provider AtLink Services (deal value undisclosed) as an initial platform add‑on to expand rural broadband coverage.

JLC Infrastructure Makes Minority Growth Investment in GeoLinks

June 27, 2023

Telecommunications

JLC Infrastructure, the Magic Johnson and Loop Capital-backed infrastructure investor, has made a minority growth investment in GeoLinks to support the company's nationwide expansion of fixed wireless broadband. The capital will help GeoLinks scale its ClearFiber technology and spectrum footprint to serve additional urban, suburban, rural and government customers across the United States.

McCarthy Capital Makes Minority Growth Investment in Smartlink

November 5, 2020

Telecommunications

McCarthy Capital Fund VII completed a substantial minority growth investment in Smartlink, a national provider of asset inventory, network services, network real estate and IT staffing for the wireless infrastructure sector. The capital will support Smartlink’s expansion of services and geographic growth across the United States.

Rock Mountain Capital Leads Minority Investment in GeoLinks

October 27, 2020

Telecommunications

GeoLinks, a Camarillo, California-based fixed wireless and CLEC provider, has received a significant minority investment from a group led by Rock Mountain Capital. The growth capital will fund accelerated network expansion, support strategic acquisitions and streamline internal growth and operations as GeoLinks scales its ClearFiber+ deployment and broader coverage.

Searchlight Capital Partners Invests in Arizona Broadband Provider Wecom

May 15, 2023

Telecommunications

Searchlight Capital Partners made a strategic minority investment in Arizona-based broadband provider Wecom LLC, with additional minority support from Simple Broadband LLC, to accelerate Wecom’s expansion of high-speed fiber Internet to unserved and underserved communities across Arizona. The growth capital will fund fiber-to-the-home network expansion, support public-private partnerships (including work in Mohave County and the Hualapai Nation), and create local jobs.

DWS Leads Growth Equity Investment in DataLink Software

November 24, 2020

Healthcare Services

DataLink Software, a Tampa-based provider of population health management software, received a growth equity investment from an investor group led by DWS's private equity business, with existing investor Revelstoke Capital Partners continuing as an investor. The capital, together with a senior secured credit facility arranged by Varagon Capital Partners (with participation from Comvest Partners and BC Partners Credit), will be used to bolster provider engagement services and pursue strategic M&A to expand product capabilities and market reach.