Announced
Financials
Sources
Tags
United States
Acquisition
Private
Domestic
Private Equity
Friendly
Single Bidder
Telecommunications Services: Other
Minority
Pending
telecommunications company
Synopsis
Wafra, a global alternative investment firm, and Post Road, an alternative investment advisory firm, agreed to invest in Intermountain Infrastructure Group, a fiber infrastructure developer and operator. Financial terms were not disclosed. “IIG was founded with the goal of providing infrastructure solutions to the largest consumers of bandwidth in North America, and this new partnership aligns perfectly with that goal, arming us with the capital resources necessary to accelerate and complete ongoing business initiatives catering to this end-market. Wafra and Post Road bring significant bandwidth infrastructure investment experience across multiple ecosystems, and we are excited to partner with them to take IIG to the next level,” Jeff Yount, IIG Co-Founder, President, and CEO.
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