Novacap-backed Stratus Networks completed the acquisition of iFiber.

Novacap-backed Stratus Networks, a provider of business communications solutions in the Midwest, completed the acquisition of iFiber, a leader in delivering high-speed fiber optic services across northwest Illinois. Financial terms were not disclosed. “By combining our infrastructure and expertise with iFiber’s assets, we are poised to empower more businesses with best-in-class connectivity. This acquisition of iFiber marks a significant milestone in our journey to deliver our superior services to more customers, enabling them to thrive in today’s digital economy,” Darren Feder, Stratus Networks CEO.