HRL Morrison & Co, an asset management company, agreed to acquire FiberLight, a fiber infrastructure provider, from Thermo Capital Partners, a private equity firm, for $1bn. "We are pleased to support FiberLight, a well-recognized provider of essential connectivity services to hundreds of businesses. As the company continues to scale and deepen its presence in key U.S. markets, we will leverage our significant digital infrastructure expertise and partner with management to address the rapidly growing demand for faster, more secure and more reliable internet access,” Perry Offutt, Morrison & Co, Head of North America.