DC BLOX Acquires Southeastern Fiber Assets from Light Source Communications and Ascendant Capital

May 18, 2022

DC BLOX has acquired Southeastern dark fiber assets from Light Source Communications and Ascendant Capital (Ascendant Fiber Capital), including a long-haul route under development from Myrtle Beach, South Carolina to Atlanta, Georgia. The transaction brings Light Source co-founders Debra Freitas and Pete Empie to DC BLOX to lead fiber development, and DC BLOX said Post Road Group, Bain Capital and Ascendant Capital Partners are providing financial support to accelerate deployment across the Southeast.

Buyers
DC BLOX
Targets
Light Source Communications, Ascendant Capital / Ascendant Fiber Capital
Sellers
Light Source Communications, Ascendant Capital / Ascendant Fiber Capital
Location
Michigan, United States
Transaction Type
Divestiture

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