Omni Fiber Merges with Lit Fiber to Accelerate FTTH Expansion

November 20, 2024

Omni Fiber and Lit Fiber have agreed to merge, consolidating Lit Fiber's Medina County, Ohio network into Omni Fiber to accelerate fiber-to-the-home expansion and speed market rollout. Both companies are majority-owned by Oak Hill Capital; existing Lit Fiber shareholders Stephens Capital Partners and The Pritzker Organization will remain minority investors and continue to support the business.

Targets
Lit Fiber
Platforms
Omni Fiber
Location
Ohio, United States
Transaction Type
Addon

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