Wren House to acquire i3 Broadband from Seaport Capital and Countrywide Broadband.

Wren House, an infrastructure investment management company, agreed to acquire i3 Broadband, a provider of fiber optic internet, HD TV and voice services, from Seaport Capital, a private equity firm, and Countrywide Broadband, a broadband acquisition and management firm. Financial terms were not disclosed. "i3 is committed to providing local communities with access to the most reliable, high-speed broadband connectivity available. These services are more critical than ever, allowing residents to easily e-learn and work-from-home, and communities to grow. Wren House's investment will allow us to expand our network and enhance our services, all while remaining committed to our customer-first culture. We are excited to have Wren House as our partner in this next chapter of i3's growth, and Sam Valencia, Executive Vice President and CFO, and I are pleased to be major investors in this new venture," Dan Kennedy, i3 Broadband CEO.