Oak Hill Capital Acquires Controlling Interest in Greenlight Networks

T-Mobile Expands Fiber Footprint via Joint Ventures with Oak Hill Capital and Wren House (GoNetspeed/Greenlight Networks; i3 Broadband)

April 29, 2026

Telecommunications

T-Mobile signed definitive agreements for two 50/50 fiber joint ventures to expand its home broadband reach. One partnership with Oak Hill Capital will combine GoNetspeed and Greenlight Networks, while the other with Wren House will acquire i3 Broadband; both are expected to close in 2026/2027 subject to regulatory approvals and customary conditions.

Greenlight Networks To Acquire FastBridge Fiber

November 4, 2025

Telecommunications

Greenlight Networks entered into a definitive agreement to acquire Pennsylvania-based FastBridge Fiber. The deal is expected to close in mid-2026, subject to regulatory approvals and customary closing conditions, and aims to expand Greenlight’s high-speed fiber footprint in Pennsylvania and New York.

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.

Oak Hill Capital Makes Majority Investment in Lit Communities to Accelerate Fiber Expansion

May 4, 2023

Telecommunications

Oak Hill Capital committed $150 million in primary capital for a majority investment in Lit Communities to fund expansion of Lit's fiber-to-the-home networks in unserved and underserved U.S. communities. Existing shareholders including Stephens Capital Partners, The Pritzker Organization and Lit management remain shareholders; the funding will support construction to reach more than 200,000 locations over the next few years.

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.

Antin Infrastructure Partners Acquires FirstLight from Oak Hill Capital

February 21, 2018

Telecommunications

Antin Infrastructure Partners has entered into an agreement to acquire FirstLight, a fiber-optic bandwidth infrastructure provider headquartered in Albany, New York, from Oak Hill Capital Partners IV. The acquisition, intended to accelerate FirstLight’s growth and enhance its service capabilities for enterprise and carrier customers across the Northeast, was expected to close in the second half of 2018; financial terms were not disclosed.