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New Deal


Announced

Antin to acquire a majority stake in OpticalTel.

Synopsis

Antin, a private equity firm, agreed to acquire a majority stake in OpticalTel, a fiber broadband provider. Financial terms were not disclosed. “We see this partnership with the OpticalTel team as an immense growth opportunity. Fiber is at the core of modern infrastructure, providing mission-critical, low-latency bandwidth services to a customer base that has increasing demand for data. We believe OpticalTel is very well-positioned to meet this need in the fast-growing Florida market," Kevin Genieser, Antin Senior Partner.

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