A consortium led by funds managed by HRL Morrison & Co (Morrison & Co), a premier global infrastructure investment firm focused on the digital and renewables sectors, is to acquire FiberLight, a fibre infrastructure provider with more than 20 years of experience building and operating mission-critical, high-bandwidth networks, from Thermo Companies.
The investment will accelerate FiberLight’s network expansion, positioning it to take advantage of the rapidly growing fibre infrastructure market.
Terms of the transaction have not been disclosed.
Building on its 30-plus year track record of infrastructure investing, Morrison & Co’s investment in FiberLight marks its first investment in the North American digital infrastructure market and third in the North American market, following investments in Longroad Energy and Clearvision Ventures, as the firm expands its boots on the ground presence in the region.
