A&O Shearman advises FastBridge Fiber and Guggenheim Investments in strategic acquisition by Greenlight Networks

FastBridge Fiber, majority-owned by select client accounts of Guggenheim, will become part of Greenlight Networks’ growing infrastructure footprint. Following the transaction, Guggenheim will take an ownership stake in Greenlight Networks, joining Oak Hill Capital in supporting the company’s growth and expansion initiatives. FastBridge Fiber’s network spans key regions in Pennsylvania and New York, including Buffalo, Berks County, Bloomsburg, Danville, Williamsport, and ongoing construction in Erie and Hazelton.

Said M&A partner Kfir Abutbul. “This deal, along with other recent transactions for Guggenheim over the past year, highlights our continued partnership with Guggenheim and underscores the rapid evolution of the fiber internet sector.”

The A&O Shearman team that advised FastBridge Fiber and Guggenheim was led by M&A partner Kfir Abutbul in New York, and associates Brady Lambeth in Houston, Lucy Chen, and Yuwei Liu in New York, and Loni Cardoso in San Franscisco.

Tax advice was provided by partner John Hibbard in New York and counsel Kara Altman in Washington D.C. Finance advice was provided by partners Keith Fujiu in Los Angeles and Jake Mincemoyer and associate Akili Dorsey-Bell in New York. Antitrust advice was provided by counsel Elaine Johnston in New York and associate Nick Putz in Washington D.C.

Employment advice was provided by compensation, employment, pensions and governance (CEPG) partner Brian Jebb and associates Hayde Faria and Gina Marini in New York. Intellectual property advice was provided by partner Keren Livneh in New York and associate Quinn Hendricks in Silicon Valley. Environmental and sanctions advice was provided by partner Ken Rivlin, counsel Maria Christopher Bell, and associate Olivia Kreft in New York. Real Estate advice was provided by partner Carolyn Stoner and law clerk Daphne Ratnarajah in New York.