PE Deals

DigitalBridge-backed Beanfield Metroconnect acquires Urbanfibre

The purchase is part of Beanfield's ongoing commitment to expanding its residential and commercial network and service offerings across Canada's major metropolitan areas.

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  • This is the second acquisition Beanfield has made this year following the purchase of FibreStream in January
  • The deal sees Beanfield continuing its expansion of its fiber footprint into Canada’s west coast
  • Beanfield was recapitalized by DigitalBridge in May 2020 with an investment of C$255 million

DigitalBridge-backed Beanfield Metroconnect has acquired Urbanfibre, a fiber provider operating in the greater Vancouver area.

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