GI Partners has acquired a majority interest in Florida communications company Blue Stream from Twin Point Capital. Blue Stream provides gigabit-speed broadband, as well as video and voice services, to residential and commercial customers in South Florida.
The investment by GI Partners is expected to help grow the company’s existing markets and expand throughout the state.
“Blue Stream is growing rapidly in one of the most exciting markets in the U.S.,” said Mark Prybutok, managing director of GI Data Infrastructure. “We have a great opportunity, in partnership with Joe and his team, to create value while delivering world-class service to millions of Floridians.