Albany, NY-based fiber optic service provider Firstlight, announced its acquisition by Antin Infrastructure. Firstlight was acquired by Antin from private equity firm Oak Hill Capital Partners , Novacap and Riverside Partners. Financial details of the detail were not disclosed.
“This is an exciting development for FirstLight and enhances our position as a leading fiber provider in the Northeast. We look forward to this new chapter with Antin, and all it promises for our customers and employees,” Kurt Van Wagenen, President and Chief Executive Officer of FirstLight said. “I would like to thank Oak Hill, Novacap and Riverside for their terrific support throughout the years of our strong partnership, which enabled us to quadruple in size, enhance our portfolio of services and expand our fiber network through organic growth and acquisitions, such as Oxford Networks, Sovernet Communications, Finger Lakes Technologies Group and 186 Communications. They have done an outstanding job in helping us create and execute on a blueprint for accelerating growth that we plan to build on as we move forward as an Antin portfolio company.”
Learn more about the company at Firstlight.net
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