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Broadband

Fibertech Networks sold by private equity owners

Thursday 26 August 2010 | 13:04 CET | News
Metropolitan bandwidth services provider Fibertech Networks is set to change private-equity owners in a transaction worth USD 500 million, the Wall Street Journal reports. New York-based investment firm Court Square Capital Partners will acquire Fibertech from Nautic Partners and Ridgemont Equity Partners. Fibertech will retain its 210 employees and plans to expand beyond its eastern US footprint under the new owners.

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Categories: Fixed
Companies: Fibertech Networks
Countries: United States
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