Oak Hill Capital Partners to Acquire Sovernet Communications
Combination with FirstLight Fiber and Oxford Networks will create a stronger Northeast fiber provider
Bellows Falls, VT, August 8, 2016 – Sovernet Communications (“Sovernet”), a leading fiber-optic bandwidth infrastructure services provider operating in Vermont, New York and southwest New Hampshire, announced today that it has entered into a definitive agreement to be acquired by Oak Hill Capital Partners (“Oak Hill”). At the closing of the transaction, Oak Hill intends to combine the operations of Sovernet with FirstLight Fiber (“FirstLight”), which Oak Hill previously announced an agreement to acquire. FirstLight is another leading provider of fiber optic communications in the northeast.