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New Deal


Announced

Completed

DC Blox completed the acquisition of Network Assets from Light Source Communications and Ascendant Capital Fiber.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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digital services

Digital Services

Acquisition

Friendly

Single Bidder

Majority

digital infrastructure

Completed

manufacturing

United States

dark fiber

Private

it solutions

Domestic

Private Equity

Synopsis

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DC Blox, a provider of secure and reliable data centers, completed the acquisition of Network Assets from Light Source Communications, a next generation dark fiber provider, and Ascendant Capital Fiber, a real estate investment and operating firm. Financial terms were not disclosed. “The acquisition of these fiber assets and the capabilities of our new team members will provide DC BLOX a more comprehensive ability to meet the data center and communications infrastructure requirements of a broader set of customers across the Southeast region. We look forward to the contributions and leadership of Debra, Pete and Mark to significantly expand our digital infrastructure services capabilities. Moreover, we are grateful for the support we have received from our existing investors, Post Road Group and Bain Capital, and welcome Ascendant Capital Partners, who share our vision and are instrumental to the successful execution of our ambitious growth plans,” Jeff Uphues, DC BLOX CEO.

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