Bank Street Group

We are pleased to share that our very own Richard Lukaj has been nominated once again for this distinguished honor. We look forward to celebrating another remarkable year of success and achievement at the annual gala with our friends across this industry, without whom we couldn’t do the amazing things we all do together.

We are pleased to announce the closing of the sale of South Reach Networks to Blue Owl Capital Digital Infrastructure. We congratulate Maggie A. from Turning Rock Partners and Michael Sevret and his team on this important milestone for the business. Furthermore, we wish great success to Christopher Jensen and Scott Bergs with their new platform. We look forward to working with you all again in the future. Last, but certainly not least, we congratulate our team for their efforts in achieving this outcome. https://lnkd.in/e55TYRjx

We are pleased to highlight our role as advisor to Argo Infrastructure Partners and TierPoint, a leading national enterprise data center company and provider of secure, connected IT platform solutions, in connection with the company's $250 million term loan led by Apterra Infrastructure Capital.   Upsized due to strong investor interest, TierPoint has now raised more than $2 billion of debt capital over the past 24 months. The Apterra financing is Bank Street's 3rd transaction with TierPoint and our 5th successfully completed transaction in the data center sector in the last 12 months.   https://lnkd.in/e4hmJNQt

We are pleased to highlight our role as exclusive financial advisor to Kansas-based fiber-to-the-home company IdeaTek in connection with the company's receipt of a strategic investment from Oak Hill Capital and Pamlico Capital.   With its new partners, IdeaTek plans to significantly expand its fiber network footprint into new towns and underserved areas across Kansas, beginning with Emporia, Baxter Springs, Liberal, Leoti, Tribune, Garden City and Wichita.   Oak Hill and Pamlico simultaneously announced a strategic investment in Missouri-based Socket Telecom, which will be combined with IdeaTek to create a new Midwest fiber internet service provider platform company.   https://lnkd.in/eBYX3HwN

We are pleased to highlight our role as exclusive financial advisor to Crosstimbers Capital Group and Tachus Fiber Internet in connection with the sale of Tachus to I Squared portfolio company Ezee Fiber.   This transaction combines the two leading independent FTTP providers in Houston in a deal that illustrates the growing importance of achieving financial and operational scale as well as the value of synergies in this sector.   https://lnkd.in/euqRVPuc

We are pleased to highlight our role as exclusive financial advisor to WideOpen Networks in connection with Shentel's definitive agreement to enter the Blacksburg, Virginia market with the acquisition of WideOpen Blacksburg.    “We are excited to invest in and build upon the outstanding broadband service that the WideOpen Blacksburg team has been providing since 2017. WideOpen Blacksburg’s gigabit fiber network is a perfect fit to further expand our Glo Fiber service in the Blacksburg area,” stated Ed McKay, Shentel’s Chief Operating Officer.   WideOpen's President, Dr. Andrew Cohill, stated, “I am confident that Glo Fiber is going to provide outstanding customer service and great fiber-delivered Internet to our customers. We anticipate a smooth transition to Glo Fiber starting in July.”   https://lnkd.in/gKZuMZaa

AI is no longer just a buzzword. It's an engine reshaping how we build, power, and invest in infrastructure. In our latest issue, Ross Widham of The Bank Street Group dives deep into the accelerating convergence of artificial intelligence and digital infrastructure. From rising energy demands to creative capital structures, the data center industry is evolving at a pace few could’ve predicted. And at the heart of it all? Power: how we source it, fund it, and future-proof it. Read how the next decade of growth will be defined by how we respond to this moment of transformation. https://lnkd.in/eFxwuba6 Richard Lukaj | James Henry | Lawrence Askowitz | Peter Beckett | Kevin K. Chu | Steven Houlihan | Paul Vasilopoulos | Ross Widham #InterGlobixMagazine #AI #AIRevolution #AIDrivenGrowth #DigitalTransformation #DataCenters #DataCenterInvestment #DigitalInfrastructure #PowerInfrastructure #PrivateCapital #Hyperscale #EdgeComputing #FutureOfConnectivity #SmartCapital #EdgeMarkets #NextGenInfrastructure

Join Richard Lukaj at Connect (X) for the Investing for the Future: How Carrier Capex Enables Network Capabilities panel on Tuesday, May 13th at 8:45 AM CT. The panel will address what new opportunities are on the horizon for carriers and their partners as evolving technologies are driving new investment priorities for network operators and new use cases for their customers.   Along with new towers, site upgrades, and growing fiber networks, service providers are investing in software and edge infrastructure to support new use cases such as satellite-to-phone connectivity, private 5G. and AI inference. How do operators see their networks changing in an increasingly automated world? What new opportunities are on the horizon for carriers and their partners?   https://lnkd.in/ex8zGSje

We are pleased to highlight our role as exclusive financial advisor and placement agent to telMAX, a 100% fiber optic internet service provider based in Canada, in connection with the company's receipt of a C$110 million senior secured credit facility from Power Sustainable Infrastructure Credit. The credit facility will fund telMAX’s near-term expansion and establish the company as a leading high speed broadband provider in the Greater Toronto Area.   https://lnkd.in/exgwvxnc