Category: Portfolio Company News

Grain Management-Backed LightRiver Appoints Jason Konzak as SVP of Network Services

By Tyler Lee

Concord, C.A. (May 2, 2024) LightRiver, the premier productivity solutions provider for next generation, multi-vendor, Factory Built Networks® and netFLEX® Transport Domain Orchestration and Control Software solutions, is pleased to announce the appointment of Jason Konzak as Senior Vice President of Network Services. This appointment enhances LightRiver’s position as the leading independent provider of transport network design, deployment, … Continued

Grain Management Announces Investment in Phoenix Tower International in Partnership with BlackRock

By Tyler Lee

Boca Raton, Fl. (March 27, 2024) Phoenix Tower International (“PTI” or the “Company”), a leading global wireless communications infrastructure provider, today announced that Grain Management (“Grain”), through its flagship funds, and BlackRock, through a fund managed by its Diversified Infrastructure business (“BlackRock”) have made a strategic investment in the Company. The investment will support PTI’s … Continued

Grain Management Completes Acquisition of American Arctic Fiber Provider, Quintillion

By Tyler Lee

Washington, D.C. (February 15, 2024) Grain Management, LLC (“Grain”), a trusted solutions provider to the broadband and communications industry, announced today that it has completed its acquisition of QSH Parent Holdco LLC (“Quintillion” or the “Company”), the leading provider of fiber-based connectivity in Alaska and the North American Arctic. The acquisition brings this high-capacity broadband … Continued

Grain Management-Backed Ritter Communications Announces Appointment of Heath Simpson as CEO

By Tyler Lee

JONESBORO, Ark. (January 8, 2024) Ritter Communications, the largest privately held telecommunications service provider serving exclusively the Mid-South, announces the promotion of Heath Simpson to Chief Executive Officer. This promotion, effective January 31st, marks the culmination of a strategic succession plan to position the company to continue its aggressive growth trajectory. “Heath has established himself … Continued

Grain Management-Backed Alares Acquires Webby Internet

By Tyler Lee

Acquisition of the São Paulo provider is part of Alares’ inorganic expansion and consolidation strategy. São Paulo, S.P. (October 4, 2023) Alares, an independent telecommunications services operator that offers Internet access via fiber optics, pay TV, fixed telephony and streaming, announces that it has acquired the São Paulo operator Webby Internet. This move represents an … Continued

Grain Management-Backed Hunter Communications Acquires InfoStructure

By Tyler Lee

Medford, Oregon (October 3, 2023) Today Hunter Communications, Oregon’s largest privately owned fiber-optic internet provider, announced the acquisition of Origin Networks LLC, the parent company to InfoStructure. “This acquisition is an important step in the success of our communities, as it allows us to continue bringing better internet service to businesses throughout Oregon,” said Michael … Continued

Grain Management-Backed Spectrotel hires Jon Moss to Lead Digital Transformation of Customer Experience

By Tyler Lee

NEPTUNE, N.J. (September 21, 2023) Spectrotel, Inc., a next-generation aggregator and leading integrated communication services provider, today announced the appointment of Jon Moss as Vice President of Digital Transformation concurrent with a multi-million-dollar investment to take Spectrotel Managed Network Services to the next level. The new technology initiative is supported by Grain Management (“Grain”), who … Continued

Grain Management-Backed LightRiver Announces Appointment of Mike Jonas as CEO

By Tyler Lee

CONCORD, Ca. (August 1, 2023) LightRiver, the premier optical network integration solution provider for next generation, multi-vendor, Factory Built Networks® and netFLEX® Transport Domain Orchestration and Control Software solutions, announced today its appointment of Mike Jonas as Chief Executive Officer. Jonas steps into the role following the retirement of founder and CEO Glenn Johansen. With … Continued

Grain Management Acquires Majority Stake in Toronto Data Center

By Tyler Lee

Brampton, ON. (June 15, 2023) Grain Management, LLC (“Grain”), investment firm and solutions provider to the global broadband industry, has announced the acquisition of 55 Hereford Street, Brampton, Ontario.The property is a state-of-the-art, 127,000 square foot, Tier III data center located in a premier market just outside of Toronto near Canada’s largest carrier hotel and … Continued