GI Partners Acquires Rise Broadband

GI Partners Acquires Vast Broadband

October 19, 2020

Telecommunications

GI Partners, in partnership with industry veteran Rich Fish, has signed an agreement to acquire Vast Broadband, a Sioux Falls-based provider of gigabit broadband, video and phone services. Vast, currently owned by Pamlico Capital and Oak Hill Capital and serving over 60,000 residential and business customers across South Dakota and Minnesota, will be led by Rich Fish as incoming CEO with GI Partners investing from its Data Infrastructure Fund; the transaction remains subject to customary closing conditions and regulatory approvals.

ENTRUST Solutions Group Acquires FiberRise Communications

August 16, 2022

Telecommunications

ENTRUST Solutions Group, backed by Kohlberg & Company, has acquired FiberRise Communications, a Huntsville, Alabama–based provider of utility broadband consulting, engineering and fiber network build/operate services. The acquisition expands ENTRUST's utility broadband and grid modernization capabilities and footprint, enabling support for electric cooperatives, municipalities and investor-owned utilities.

Visionary Broadband Acquires Mountain Broadband

January 15, 2025

Telecommunications

Visionary Broadband has acquired Mountain Broadband to expand high-speed internet service across rural southwestern Colorado. Visionary will retain the Mountain Broadband team, roll out Gigabit fiber in the acquired footprint, and continue expanding into surrounding areas to improve connectivity for underserved communities.

Rise Broadband Acquires MidAtlantic Broadband's Yondoo Missouri Fiber Assets

November 4, 2024

Telecommunications

Rise Broadband has acquired MidAtlantic Broadband's Missouri fiber-to-the-home broadband business operating under the Yondoo Broadband brand, adding almost 10,000 residential and commercial locations across eight eastern Missouri markets. The deal expands Rise Broadband's footprint into Missouri and is supported by its PE backer GI Partners, which noted the transaction furthers the company's geographic expansion and network growth.

GI Partners Acquires Majority Interest in Blue Stream Fiber

June 2, 2020

Telecommunications

GI Partners acquired a majority interest in Blue Stream Fiber from Twin Point Capital, partnering with Blue Stream CEO Joe Canavan. The investment will support Blue Stream’s growth across Florida and strengthen its fiber broadband and customer service capabilities.

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

January 22, 2020

Telecommunications

Washington, D.C.-based private equity firm Grain Management, LLC acquired a majority interest in Summit Vista, Inc. (dba Summit Broadband) from Cable Bahamas Ltd. Summit Broadband is a fiber-optic telecommunications provider serving residential, business and carrier customers across central and southwest Florida. The deal closed in January 2020 after being announced in August 2019; financial terms were not disclosed.