Announced
Financials
Tags
Acquisition
fibre-optic
Private
Canada
Pending
Natural
Electrical Components
Single Bidder
Private Equity
Synopsis
Tiger Infrastructure, a private equity firm, has made an investment in Crosslake Fibre. Financial terms were not disclosed. Crosslake was established to develop fibre-optic cable projects throughout North America, including a new submarine fibre-optic cable from Toronto, Canada to Buffalo, New York through Lake Ontario. “We are pleased to be working with an experienced executive who has demonstrated an ability to develop and deploy complex telecommunications infrastructure projects,” Emil Henry, Tiger Infrastructure CEO and Managing Partner.
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