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.
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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."
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