VFN Holdings secures $500M growth equity investment from Hamilton Lane, Braemont Capital, and Delta-v Capital for fiber network expansion
Type: Investment · Technology: Telecom · Country: United States · Value: $500M · Announced: 2026-03-20
VFN Holdings, a fiber infrastructure business and broadband internet provider, successfully closed a $500 million non-control growth equity investment. The investment was led by funds managed by Hamilton Lane, Braemont Capital, and Delta-v Capital. This capital infusion will accelerate the expansion of VFN's fiber-to-the-premise (FTTP) and wholesale fiber networks across new and existing U.S. markets. The funding also supports VFN's continued strategic mergers and acquisitions activities to enhance its digital infrastructure footprint. In connection with the transaction, Brent Burnett and Peter Udbye from Hamilton Lane, along with Wali Bacdayan from Braemont Capital, will join VFN's board of directors. Rand Lewis from Delta-v Capital will continue to serve on Vero’s Board, further solidifying the strategic partnership.
Counterparties
- Braemont Capital (Investor)
- VFN Holdings (Parent Company)
- Delta-v Capital (Investor)
- Hamilton Lane (Investor)