Patriot Capital Invests in ThinkBig Networks

IQ Fiber Acquires ThinkBig Networks

January 3, 2025

Telecommunications

IQ Fiber, a Jacksonville-based 100% fiber-optic internet provider, has completed the acquisition of Maryland-based ThinkBig Networks, expanding IQ Fiber's footprint into Charles, Kent, Queen Anne's and Harford counties. The deal is supported by additional equity funding from SDC Capital Partners and will see ThinkBig leadership integrated into IQ Fiber as the business is rebranded in 2025 to accelerate network expansion in the Chesapeake region.

Searchlight Capital Partners and Simple Broadband Invest in All Points Broadband

July 6, 2021

Telecommunications

Searchlight Capital Partners, together with Simple Broadband LLC, made a strategic growth investment in All Points Broadband to accelerate the Virginia- and mid‑Atlantic-focused ISP's fiber-to-the-home and fixed wireless expansion. The capital will support All Points Broadband's initiative to scale rural FTTH buildouts through partnerships with electric utilities and local communities to bridge the digital divide.

KKR and Oak Hill Capital Make New Investments in MetroNet

April 21, 2021

Telecommunications

Funds managed by KKR will join long-time partner Oak Hill Capital and MetroNet management in making new equity investments in MetroNet to accelerate deployment of fiber-to-the-premise (FTTP) broadband. The capital will support MetroNet's continued expansion of its 100% fiber optic network into additional U.S. communities and growth of residential and business broadband services.

Searchlight Capital Partners Invests in Mainstream Fiber Networks

October 30, 2023

Telecommunications

Searchlight Capital Partners has made a strategic growth investment in Mainstream Fiber Networks to accelerate the Indiana-based fiber ISP's expansion into unserved and underserved rural communities. The capital will support Mainstream's buildout of next-generation fiber across the state, leveraging existing grant relationships and aiming to connect hundreds of thousands of homes and businesses.

Oak Hill Capital and Pamlico Capital Invest in IdeaTek Telcom and Socket Telecom to Build Midwest Fiber Platform

July 8, 2025

Telecommunications

Oak Hill Capital and Pamlico Capital have made a strategic investment in IdeaTek Telcom and Socket Telecom, combining the two regional fiber internet providers to create a scaled Midwest fiber internet service provider. TPG Peppertree will sell its existing stake while reinvesting alongside the two firms; the combined company will expand fiber networks across Kansas and Missouri with a goal to pass over 500,000 homes in the Midwest by 2028.

GTCR Makes Strategic Investment in Visionary Broadband

June 6, 2022

Telecommunications

Funds affiliated with GTCR LLC have made a strategic growth investment in Visionary Broadband, a Gillette, Wyoming-based ISP. The capital will support Visionary’s continued buildout of fiber-to-the-premise networks across Wyoming, Colorado and Montana and help meet match requirements for upcoming state-led grant programs.