Did Crown Castle buy fibertech?
It has been a busy week of consolidation in the dark fiber services space with two major deals taking place: Lightower Fiber Networks buying Fibertech for $1.9 billion on Monday and on Thursday Crown Castle snapped up Quanta Fiber Services (Sunesys) for $1 billion.
Who is ZAYO owned by?
EQT Partners Digital Colony
In May 2019, Zayo Group agreed to be acquired by global investment firms EQT Partners and Digital Colony Partners in a deal valued at $14.3 billion….Zayo Group.
| Type | Private |
|---|---|
| Net income | US$101.9 million (2018) |
| Total assets | US$9.2 billion (2018) |
| Total equity | US$1.4 billion (2018) |
| Owner | EQT Partners Digital Colony |
Who owns fiber tech?
The deal announced Monday arguably began five years ago, when private equity firm Court Square Capital Partners bought Fibertech for $500 million.
Is lightower owned by Crown Castle?
(NYSE:CCI) (“Crown Castle”) announced today that it has completed its previously announced acquisition of LTS Group Holdings LLC (“Lightower”). Lightower owns or has rights to approximately 32,000 route miles of fiber located primarily in top metro markets in the Northeast, including Boston, New York and Philadelphia.
Who owns Indiana fiber?
Zayo Group Holdings, Inc.
BOULDER, Colo. –(BUSINESS WIRE)–Zayo Group Holdings, Inc. today announced it has closed its acquisition of Indiana Fiber Network, LLC d/b/a Intelligent Fiber Network (IFN), a fiber connectivity provider serving multiple markets in Indiana.
Is Zayo a public company?
As a result of the transaction completion, Zayo is now a privately held company and its common stock has ceased trading on the NYSE. Founded in 2007, Zayo has grown through both organic investment and 45 acquisitions to become the leading independent provider of communications infrastructure.
Who bought lightower?
Crown Castle International
Tower operator Crown Castle International said it would buy Lightower Fiber Networks for about $7.1 billion in cash. The deal would expand Crown’s fiber footprint in urban areas of the U.S. northeast.
Who bought IFN?
Intelligent Fiber Network (IFN) today announces it has entered into a definitive agreement to be acquired by Zayo Group Holdings, Inc. The acquisition culminates several years of strong growth for IFN.
Is Zayo a publicly traded company?
Zayo is now once again a privately-held company after being bought by affiliates of Digital Colony and EQT. (Zayo) Zayo Group Holdings has returned to the privately-held ranks now that its $14.3 billion acquisition is complete.
What happened to Zayo Group?
Zayo Group announcedon Wednesday that it has signed a definitive merger agreement to be acquired by affiliates of Digital Colony Partners (“Digital Colony”) and the EQT Infrastructure IV fund (“EQT” or “EQT Infrastructure”). The transaction would result in Zayo transitioning from a public company to a private company.
Who is Zayo fiber?
Founded in 2007, Boulder, Colorado-based Zayo provides fiber connections for the communications industry across the U.S., Canada and Europe. Zayo’s 130,000-mile network in North America and Europe includes metro connectivity to thousands of buildings and data centers.
What does the Zayo-Digital Colony merger mean for investors?
Zayo Group announced on Wednesday that it has signed a definitive merger agreement to be acquired by affiliates of Digital Colony Partners (“ Digital Colony ”) and the EQT Infrastructure IV fund (“ EQT ” or “EQT Infrastructure”). The transaction would result in Zayo transitioning from a public company to a private company.