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Announced

Completed

SDC Capital Partners-backed SummitIG and Neutral Networks formed SierraIG.

Synopsis

SDC Capital Partners-backed SummitIG, a pure play dense dark fiber infrastructure provider, and Neutral Networks, a Mexican company focused on providing 100% neutral connectivity to carriers, service providers, and operators, formed SierraIG. Financial terms were not disclosed. SierraIG will utilize the current fiber assets to data centers from Neutral Networks and has plans to expand its network infrastructure platform to 750 km, with an investment of $50m USD. SierraIG will provide custom dark fiber connectivity solutions between data centers for hyperscalers, cloud and content service providers, large enterprises, and both national and international carriers in Mexico. The network will provide unparalleled quality through unique and diverse routes, backed by a team with over 30 years of industry experience.

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