Case Study
New England Fiber Consolidation
1 Q Advisors leveraged its deep industry knowledge and experience in the New England fiber and data center market to selectively approach potential buyers based on operational footprint, financial condition and growth strategy. Upon completing a competitive sale process, FirstLight (and private equity sponsor Oak Hill) was selected as the winning bidder. The combination is a natural fit given complimentary network assets as well as significant operating leverage and cost synergies. Result Case Study: New England Fiber Consolidation ACQUIRED BY sell-side advisor Sovernet Communications, a subsidiary of ATN International, operates a high-capacity 4,600 route mile fiber-optic network and data centers across Vermont (branded as Sovernet) and New York (branded as ION). During ATN’s tenure as ow