Morrison and Co-Led Investor Group to Acquire Digital Infrastructure Provider FiberLight.
MANews-(C)2009-2022
A consortium led by funds managed by New Zealand-based infrastructure investment firm H.R.L. Morrison and Co, and including Australian Retirement Trust and a managed client of UBS Asset Management, has signed a definitive agreement to acquire US-based fiber infrastructure provider FiberLight, LLC, the firm said.
FiberLight has more than 20 years of experience building and operating mission-critical, high-bandwidth networks, from Thermo Companies.
The investment will accelerate FiberLight's network expansion, positioning it to take advantage of the rapidly growing fiber infrastructure market.
Terms of the transaction were not disclosed.
Headquartered in Atlanta, Georgia, FiberLight is a pure-play, top-ten, high bandwidth fiber infrastructure provider in the US.
The FiberLight network comprises approximately 18,000 route miles of fiber infrastructure, servicing customers in over 30 metropolitan areas, principally in the major markets of Texas and the Northern Virginia area, the largest data center market in the world.
The company builds, owns and operates high-capacity networks and has a proven track record of execution for domestic and international wireless, wireline, cable, and hyperscale cloud providers as well as leading enterprise, government, and educational clients.
FiberLight's seasoned management team, led by chief executive officer Christopher Rabii, will continue to lead the...
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