MVP Capital has advised Fibersphere Communications, a Portland, OR-based Fiber-to-the-Home (“FTTH”) provider, on its recent investment by Post Road Group. Proceeds were used to fund the acquisitions of two FTTH networks and additional growth initiatives.
After historically growing the company through strategic partnerships with property developers, Fibersphere was presented with the opportunity to acquire two portfolios of FTTH networks – this necessitated the Company’s first institutional capital raise. MVP leveraged its expertise in the telecom infrastructure sector and long history of successfully raising capital for companies and entrepreneurs in the space to help Fibersphere secure an investment from Post Road. In addition to financing the identified acquisitions, this new investment allows Fibershpere to capitalize on the tremendous organic growth and investment opportunities it has in its pipeline.
In-depth knowledge of the FTTH sector, deep relationships, superb execution and outstanding customer service allowed MVP Capital to help Fibersphere achieve an optimal outcome.
“MVP truly grasped Fibersphere’s unique differentiators and strategic value propositions. This, coupled with their industry expertise, allowed MVP to effectively present our story to the market in a way that generated the interest of multiple financial partners. At Fibersphere, we have developed a strong customer-driven ethos and it was vitally important that we aligned with an advisor and, ultimately, a financial partner who shares our ideals and philosophies. Post Road is a perfect cultural fit and brings a breadth of resources and relationships that will fuel future growth opportunities. Our experiences with both MVP and Post Road have exceeded every expectation and we look forward to continuing our work with them to expand our footprint and deliver unparalleled value to our customers.”
– David Bell, Founder & CEO
About MVP Capital
MVP Capital provides mergers and acquisitions, private debt and equity capital raising, and strategic and valuation advisory services focusing on the technology, media, telecom and renewable energy sectors. Founded in 1987, MVP has completed over $20 billion of transactions and has offices in San Francisco, New York, Boston, Kansas City and Boulder.
About Fibersphere Communications
Founded in 2002, Fibersphere Communications is a leading fiber-to-the-home (“FTTH”) internet service provider based in Portland, OR. The Company provides high speed internet access via its dense fiber network to single-family homes, condo developments and MDUs. The Company was the first to build residential fiber and offer Gigabit speed internet in the state of Oregon.
About Post Road Group
Post Road Group is a privately held investment firm based in Stamford, CT. The firm invests equity and debt across various industries, with a focus on real estate, telecommunication infrastructure, media, technology, business services and health care services.