Searchlight Capital, a private equity firm, and Simple Broadband led a strategic investment in All Points Broadband, an internet service provider. Financial terms were not disclosed. “Investing in our country’s digital and technology infrastructure is the equivalent of investing in the traditional forms of infrastructure from a century ago, such as electricity and clean water systems. It is essential to the country’s ability to drive long term growth and economic development. Searchlight has made development of FttH and expanding access to this service a central focus of our investment strategy. We are excited to partner with APB, its electric utility partners and communities who want FttH for all of their residents. By building out best-in-class and scalable next generation fiber networks throughout the Commonwealth of Virginia and adjacent markets, APB is positioned to help hundreds of thousands of underserved homes and businesses gain access to quality, high-speed broadband,” Darren Glatt, Searchlight Partner.