Morrison & Co-Led Consortium Acquires FiberLight
June 30, 2022
Funds managed by H.R.L. Morrison & Co, together with Australian Retirement Trust and a managed client of UBS Asset Management, signed a definitive agreement to acquire FiberLight, a U.S. fiber infrastructure provider, from Thermo Companies. The consortium will support FiberLight's network expansion across major U.S. markets to meet rising demand for high-bandwidth connectivity; terms were not disclosed and the deal is subject to customary closing conditions.
- Buyers
- Funds managed by H.R.L. Morrison & Co, Australian Retirement Trust, Managed client of UBS Asset Management
- Targets
- FiberLight, LLC
- Sellers
- Thermo Companies
- Industry
- Telecommunications
- Location
- Georgia, United States
- Transaction Type
- Buyout
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