Zayo Bandwidth, a Louisville, Colo.-based regional provider of fiber-based network services, has secured an $85 million debt facility. CIT Group led the deal, with CoBank and Hercules Technology Growth Capital also serving as co-sponsors. The deal comes on the heels of Zayo's recent acquisition of Minneapolis-based telecom provider Onvoy Inc., which had been backed by TowerBrook Capital Partners.
Zayo earlier this year had 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. www.zayo.com
If you do not receive this within five minutes, please try and sign in again. If the problem persists, please
email: subscriptions@peimedia.com.