"Oak Hill Capital is buying Hunter Communications, Oregon's largest privately-owned fiber-optic internet provider, from Grain Management for an undisclosed sum. Hunter Communications has more than 3,000 route miles of fiber infrastructure, and Grain Management initially invested in the company in 2020. Much of Hunter Communications' growth in terms of markets served and products offered happened under the ownership of Grain Management."
""Hunter's mission has always been to deliver fast, reliable fiber connectivity and exceptional service to the communities we serve," Michael Wynschenk, CEO of Hunter Communications, said in a prepared statement about the Oak Hill Capital purchase. "With Grain's support, we have significantly expanded our reach, invested in our infrastructure, and strengthened customer experience. We are excited for the opportunities ahead with Oak Hill, whose commitment aligns with our vision for continued growth and service excellence.""
Oak Hill Capital is purchasing Hunter Communications from Grain Management for an undisclosed sum. Hunter Communications operates more than 3,000 route miles of fiber infrastructure and expanded from a 2,000-mile network after Grain Management's 2020 investment. Hunter emphasizes delivering fast, reliable fiber connectivity and exceptional service, and credits Grain's support for expanding reach, investing in infrastructure, and strengthening customer experience. Oak Hill has been active in broadband investments this year, participating in Omni Fiber financing, supporting Greenlight Networks' acquisition of FastBridge Fiber, investing in Wire 3 with Guggenheim Investments, and backing IdeaTek and Socket Telecom. Oak Hill expresses confidence in Hunter's growth prospects and plans to partner with management.
#private-equity-acquisition #fiber-optic-broadband #broadband-industry-investments #network-infrastructure
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