Announced
Completed
Financials
Sources
Tags
digital services
Digital Services
Acquisition
Friendly
Single Bidder
Majority
digital infrastructure
Completed
manufacturing
United States
dark fiber
Private
it solutions
Domestic
Private Equity
Synopsis
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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