Category: Portfolio Company News

Grain Management Announces Definitive Agreement to Sell Nationwide 800 MHz Spectrum Portfolio to SpaceX

By Tyler Lee

Landmark transaction reflects Grain’s role as a solutions provider to the communications industry, directing scarce low-band spectrum to its highest and best use in support of federal connectivity goals and advancing the convergence of mobile and space-based connectivity. Washington, D.C. (October 8, 2026) Grain Management, LLC (“Grain”), a leading global investment firm specializing in digital … Continued

Grain Management Announces Closing of Spectrotel Merger with AireSpring

By Morgan Thompson

The combined company creates a differentiated managed network services platform built to meet the evolving demands of distributed and global enterprises. Neptune, N.J. (September 30, 2026) Grain Management, LLC (“Grain”), a leading private investment firm focused on digital infrastructure and communications, today announced the completion of its previously announced combination of Spectrotel Holding, LLC (“Spectrotel” … Continued

Grain Management Completes Strategic Combination Forming Rightfiber

By Morgan Thompson

Washington, D.C. (September 2, 2026) Grain Management, LLC  (“Grain”), a leading private investment firm focused on digital infrastructure and communications, has announced the completion of the strategic combination of Ritter Communications and Great Plains Communications to create Rightfiber. The combination was previously announced in June of this year. Rightfiber unites two highly respected telecommunications providers, … Continued

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

Grain Management Announces Strategic Structured Financing in Data Realty Holding Corp.

By Tyler Lee

Washington, D.C. (April 7, 2026) Grain Management (“Grain”), a leading global investment firm specializing in digital infrastructure, today announced that it has completed a significant preferred equity investment in Data Realty Holding Corp., the founding and controlling shareholder of Prime Data Centers (“Prime”). The investment provides structured, long-term capital to optimize the company’s capital structure … Continued