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
- Industry
- Telecommunications
- Location
- Michigan, United States
- Transaction Type
- Divestiture
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