Private investment firm Bain Capital and Tillman Global Holdings, a U.S. company that builds and scales businesses in essential digital and energy infrastructure, have completed a $1.5 billion investment in Eaton Fiber, as well as Eaton Fiber’s acquisition of Ripple Fiber.
Eaton Fiber is a wholesale fiber infrastructure platform established by Tillman to develop, own and operate high-capacity fiber networks. The company provides wholesale network infrastructure that enables communications providers to expand broadband availability and deliver next-generation connectivity to homes and businesses across the United States.
The transactions provide Eaton Fiber with long-term capital and an expanded operating platform to accelerate the deployment of fiber infrastructure supporting Verizon’s expansion into more than 1 million locations outside its current fiber footprint. The closing builds on Verizon and Eaton Fiber’s commercial partnership, wherein Eaton Fiber funds,
