By: Staff
FirstLight Fiber, a leading fiber-optic bandwidth infrastructure services provider operating in New York and northern New England, announced today that Oak Hill Capital Partners has completed its acquisition of Lewiston-based Oxford Networks for an undisclosed amount.
Operations of Oxford and FirstLight have now been combined, resulting in FirstLight now operating a 5,000 route mile, high-capacity, fiber-optic network spanning five states with 4,400 locations in service and 10 data centers.
As previously reported, Novacap, Bank Street Capital Partners and Riverside Partners will continue as minority investors in the combined company.
“The acquisition of Oxford more than doubles the size of our business, dramatically increases our scale and network reach, and better positions FirstLight to continue meeting the growing bandwidth infrastructure needs of our customers,” Kurt Van Wagenen, president and CEO of FirstLight, said in a statement announcing the acquisition’s closing.
He added, “FirstLight and Oxford are highly complementary in terms of fiber footprint, service set, customer base, employee expertise and mission, which will ease integration efforts. We expect this to be a seamless transaction for our customers and significantly enhance our operating platform as we continue to grow the business.”
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