Zayo Buys Northwest Telephone

Zayo Bandwidth, a Louisville, Colo.-based regional provider of fiber-based network services, has acquired Northwest Telephone Inc., a CLEC and IXC currently operating in Washington, Oregon and Idaho. No financial terms were disclosed.

 

Zayo last year secured access to $225 million in private equity funding, from firms like Columbia Capital, M/C Venture Partners, Oak Investment Partners, Battery Ventures and Centennial Ventures. It also received an $85 million credit facility from CIT Group, CoBank and Hercules Technology Growth Capital. www.zayo.com