Author: Morgan Thompson

Grain Management Completes Acquisition of Nationwide 800 MHz Spectrum Portfolio

By Morgan Thompson

Acquisition positions Grain to advance the productive use of one of the nation’s most unique communications infrastructure assets. Washington, D.C. (August 11, 2026) Grain Management, LLC (“Grain”), a leading private investment firm focused on digital infrastructure and communications, today announced the successful completion of its acquisition of T-Mobile’s nationwide 800 MHz spectrum portfolio. The acquisition … Continued

Ritter Communications and Great Plains Communications Combine to Form Rightfiber

By Morgan Thompson

Washington, D.C. (June 16, 2026) Grain Management, LLC  (“Grain”), a leading private investment firm focused on digital infrastructure and communications, today announced plans to combine two portfolio companies — Jonesboro, Arkansas-based Ritter Communications and Blair, Nebraska-based Great Plains Communications — under one new organization and brand: Rightfiber. The strategic combination brings together two highly respected telecommunications providers … Continued

123NET Names Ken Fitzpatrick as President & CEO

By Morgan Thompson

Southfield, M.I. (May 21, 2026) 123NET, a Michigan-based provider of fiber internet, colocation, and voice services, and a portfolio company of Grain Management, LLC  (“Grain”), named Ken Fitzpatrick President and CEO of 123NET, effective today. Fitzpatrick is the former President and CEO of Everstream. Fitzpatrick succeeds 123NET Founder, President and CEO Dan Irvin, who will … Continued

Great Plains Communications to Acquire Fastwyre Broadband in Nebraska

By Morgan Thompson

Blair, N.E. (May 19, 2026) Great Plains Communications (“GPC”), the leading Midwestern digital infrastructure provider and a portfolio company of Grain Management, LLC  (“Grain”) today announced it has entered into a definitive agreement with American Broadband Holding Company dba Fastwyre Broadband (“Fastwyre”), an internet service provider serving customers across multiple states, to acquire Fastwyre’s business … Continued

Grain Management Announces Spectrotel Combination with AireSpring

By Morgan Thompson

Washington, D.C. (April 23, 2026) Grain Management, LLC (“Grain”), a leading private investment firm focused on digital infrastructure and communications, announced a strategic transaction involving Spectrotel Holding, LLC (“Spectrotel”), a leading provider of managed network services and connectivity solutions. As part of the transaction, funds managed by Charlesbank Capital Partners (“Charlesbank”), a middle-market private investment firm focused on management-led buyouts … Continued

Grain Management Announces Sale of Quintillion to GCI Holdings

By Morgan Thompson

Washington, D.C. (April 22, 2026) Grain Management, LLC (“Grain”), a leading private investment firm focused on digital infrastructure and communications, announced that it has entered into a definitive agreement to sell Quintillion, a leading provider of subsea and terrestrial fiber infrastructure in Alaska, to GCI Holdings, LLC (“GCI”). Quintillion operates a strategically important fiber network spanning some … Continued

2025 Grain Management Annual Report

By Morgan Thompson

(April 22, 2026) Grain Management is pleased to share our Annual Report, which examines how the Firm’s specialization in telecommunications and digital infrastructure continues to shape its investment strategy, operating model, and approach to value creation. The Report highlights Grain’s growth to $12 billion in assets under management, its nearly two-decade sector track record, and … Continued

A Foundational Asset Class Redefined

By Morgan Thompson

(October 15, 2025) The rapid advancement of artificial intelligence, cloud computing, and next-generation connectivity is redefining the digital economy — and reshaping the infrastructure that supports it. In our latest thought piece, A Foundational Asset Class Redefined: Unlocking Alpha in the Next Generation of Connectivity, senior leaders at Grain examine how these transformative forces are … Continued