Announced
Financials
Tags
internet provider
Pending
United States
Private Equity
Acquisition
Friendly
Internet
Domestic
Majority
Private
Single Bidder
Synopsis
Newlight Partners, a private investment firm, agreed to invest in Sail Internet, a high-speed internet provider. Financial terms were not disclosed. "We started Sail Internet because we were fed up with the slow, unreliable, expensive broadband service offered by the large incumbents. This is the next step in Sail’s evolution as we seek to fulfill our mission to deliver quality, high-speed, next-gen internet designed to meet consumers’ and businesses’ needs today and into the future. We are thrilled to leverage Newlight’s sector expertise as we accelerate our expansion efforts and continue to execute on our strategic growth plans," Kevin Fisher, Sail CEO.
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