GI Partners completed the acquisition of Rise Broadband.

GI Partners, a private equity firm, completed the acquisition of Rise Broadband, a provider of fiber-to-the-home and fixed wireless broadband services across 16 states. Financial terms were not disclosed. "Rise Broadband is committed to connecting communities across our vast network footprint by providing best-in-class service to our customers and to delivering advanced high-speed broadband. We are eager to partner with the GI Partners team as we embark on a new phase of growth, driven by significant investment in our hybrid fiber-to-the-home and fixed wireless network," Jim O'Brien, Rise Broadband CEO.