Grain Management completed the acquisition of LightRiver from CVF Capital Partners and Plexus Capital.

Grain Management, a private equity firm, completed the acquisition of LightRiver, a designer and supporter of data transport network services, from CVF Capital Partners and Plexus Capital. Financial terms were not disclosed. "Grain's focus on connectivity makes them an ideal partner. Their support positions LightRiver to build on our market and technology leadership while enhancing the commitment to our customers and partners, and enabling teammates in those key markets. We look forward to leveraging Grain's market, management, and financial strengths to grow our platform and expand our solution portfolio and customer base," Glenn Johansen, LightRiver Founder and CEO.