Global Infrastructure SherpaCentric Fiber Secures $100 Million Investment to Accelerate Network Expansion
Centric Fiber received a $100 million investment from Summit Partners to accelerate the expansion of its fiber optic network across the United States. The investment will support Centric Fiber's efforts to provide high-speed internet access to homes and businesses.
Source Intelligence
Ara Infrastructure has committed additional capital to support the execution of Centric Fiber's significant pipeline of contracted projects and backlog, as well as new growth opportunities.
"Ara Partners, a global private equity and infrastructure investment firm focused on industrial decarbonization, is pleased to announce the acquisition of a majority controlling stake in Centric Fiber"
"Ara Partners, a global private equity and infrastructure investment firm focused on industrial decarbonization, is pleased to announce the acquisition of a majority controlling stake in Centric Fiber"
"Ara was advised by Kirkland & Ellis LLP"
"Ara was advised by Kirkland & Ellis LLP and RBC Capital Markets."
"Centric was advised by Simpson Thacher & Bartlett LLP"
"Centric was advised by Simpson Thacher & Bartlett LLP and Guggenheim Securities, LLC."