Ara Partners, a global private equity and infrastructure investment firm focused on industrial decarbonization, has acquired a majority controlling stake in Centric Fiber, an established bulk fiber-to-the-home platform in the southern United States.
Ara completed this transaction in partnership with Centric Fiber’s management team, building on a previous collaboration that spanned between 2018 and 2021.
Headquartered in Houston, Centric Fiber has established a key position in contracted fiber-to-the-home high-speed internet services for large single-family master-planned communities. The company partners with prominent developers and builders to provide fiber services to residential customers across Arizona, Florida and Texas.
Ara Infrastructure has committed additional capital to support the execution of Centric Fiber’s significant pipeline of contracted projects and backlog, as well as new growth opportunities.
Fiber-optic technology is estimated to
