Category: Portfolio Company News

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

Grain Management-Backed Summit Broadband Names Kurt Van Wagenen as CEO

By Tyler Lee

ORLANDO, Fla. (June 6, 2023) Summit Broadband (“Summit” or the “Company”), a leading fiber-optics telecommunications provider in Florida, today announces Kurt Van Wagenen as CEO. Summit is a portfolio company of Grain Management, LLC (“Grain”), Washington, D.C.-based investment firm and solutions provider to the global broadband industry. Kurt Van Wagenen is a 30-year-veteran of the telecommunications industry … Continued

Grain Management-Backed Spectrotel adds Industry Veterans Robert Guth and John Hayduk to its Board

By Tyler Lee

NEPTUNE, N.J. (May 30, 2023) The executive team of Spectrotel, Inc., next-generation aggregator and leading integrated technology services provider, backed by Grain Management, LLC (“Grain”), today announced the appointment of two new members of its board of directors, industry veterans Robert Guth and John Hayduk. Robert Guth has over 35 years of executive and Board experience, bringing strategic business transformation to … Continued

Grain Management Acquires Quintillion to Accelerate Broadband Expansion in Alaska

By Melissa Prosser

The partnership will continue bridging the digital divide throughout Alaska and beyond ANCHORAGE, AK (April 3, 2023) The executive team of QSH Parent Holdco LLC (“Quintillion” or the “Company”), the leading provider of fiber-based connectivity in the American Arctic, announced today the acquisition of the Company by Washington, D.C.-based private investment firm Grain Management, LLC … Continued

Grain Management Announces Acquisition of Spectrotel

By Melissa Prosser

Acquisition expands Grain’s activity in the managed services sector of the global broadband industry WASHINGTON, D.C. (January 19, 2023) Grain Management, LLC (“Grain”), investment firm and solutions provider to the global broadband industry, announced today that it has completed its acquisition of Spectrotel, Inc. (“Spectrotel” or the “Company”), next-generation aggregator and leading integrated technology services … Continued

Ritter Communications Announces Key Promotions

By Melissa Prosser

Company adds new leadership roles to C-Suite JONESBORO, Ark. (December 19, 2022) Ritter Communications CEO Alan Morse announces the promotion of Heath Simpson to President and Chief Operating Officer (COO) and Lexanne Horton to Chief Financial Officer (CFO) as part of a reorganization to better serve the company in advancing its business goals. Ritter Communications … Continued

Denita Willoughby appointed to the board of Grain Management-Backed Network Wireless Solutions (NWS)

By Melissa Prosser

Experienced executive to join the NWS board as it executes growth plan Durham, North Carolina (October 24, 2022) Network Wireless Solutions (NWS or the “Company”), a rapidly growing solutions and logistics provider to carriers and telecommunications contractors, backed by Grain Management, LLC (“Grain”), today announced the appointment of industry veteran Denita Willoughby to its board of … Continued

LightRiver Appoints New Chief Financial Officer

By Melissa Prosser

Concord, CA  (August 11, 2022) 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 new executive appointment of Bryan Hasegawa as Chief Financial Officer (“CFO”), further strengthening the leadership team.  LightRiver is a portfolio company of Grain … Continued