I Squared Capital has formed Ezee Fiber, a new digital infrastructure platform to invest in fiber networks in growing and underserved U.S. markets.
As the inaugural investment for the platform, Ezee Fiber has acquired ICTX WaveMedia, a 2,000-kilometer (1,242-mile) carrier-grade, all-fiber connectivity provider servicing homes, businesses, government agencies, educational institutions and carriers in the Houston metropolitan area.
The platform was formed through the firm’s ISQ Global Infrastructure Fund III, which opened to investors in August 2020 with a fundraising goal of $12 billion. ISQ Global Infrastructure Fund III will invest in mid-market platforms and large opportunistic transactions in the target infrastructure sectors across North America, Europe, Asia and Latin America. The fund will specialize in utilities, transportation and power investments.
“Ezee Fiber is our first digital infrastructure investment in North America and in line with the Biden
