Announced
Financials
Sources
Tags
broadband internet
Internet
telecommunications
Cross Border
United States
Acquisition
Private
Minority
Private Equity
Friendly
Single Bidder
Completed
Synopsis
Northleaf, a global private markets investment firm, completed the $500m investment in Tillman FiberCo, a symmetrical gigabit broadband developer. “We're delighted to partner with Tillman Global Holdings and the Tillman FiberCo management team, both of which have deep industry relationships and decades of operational expertise. Tillman FiberCo’s wholesale business model, which is supported by a large anchor customer order, ensures the long-term revenue stability that our investors look for in our infrastructure portfolio. This investment is an excellent fit with Northleaf’s communications infrastructure strategy, providing our investors with exposure to an attractive sector while mitigating downside risk,” Chris Rigobon, Northleaf Managing Director.
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