MEAG completed the acquisition of a minority stake in LiveOak Fiber from InfraRed.

MEAG, an investment management company, completed the acquisition of a minority stake in LiveOak Fiber, a provider of high-speed fiber internet, from InfraRed, a real estate investment company that offers new and refurbished buildings, office, shopping center, industrial, residential, and retail properties. Financial terms were not disclosed. “The partnership with MEAG is testament to the attractiveness of LiveOak Fiber and the progress that has been made in rolling out their next generation broadband fibre network. We’ve worked actively with the LiveOak team to establish a strong foundation and to drive this progress, and we look forward to the next phase of its development," Michael Straka, InfraRed Capital Partners Head of Capital Formation.