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Zayo Acquired in $14.3B Cash DealZayo Acquired in $14.3B Cash Deal

Investment firms Digital Colony and the EQT Infrastructure IV fund buy network and fiber services firm, take it private.

Alison Diana

May 8, 2019

1 Min Read
Zayo Acquired in $14.3B Cash Deal

Network services and dark fiber provider Zayo Group Holdings is being acquired by two investment firms in a cash deal valued at $14.3 billion.

Zayo, which owns about 12.2 million miles of fiber, will transition from a public company to a private firm under the new ownership of Digital Colony and the EQT Infrastructure IV fund.

The Zayo team is expected to remain intact at its current headquarters in Boulder, Colo.

Zayo serves European and North American customers via networks in North America, the UK, France and Ireland. Its lit fiber network covers more than 130,000 miles; Zayo also has a 12.2-million-mile network of dark fiber. Services include dark fiber, managed bandwidth, lit fiber and video solutions for clients such as carriers, enterprises and government.

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— Alison Diana, Editor, Broadband World News. Follow us on Twitter or @alisoncdiana.

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About the Author(s)

Alison Diana

Editor, Broadband World News

Alison Diana always dreamed of being a veterinarian – until she saw a documentary of a vet removing an alligator's eye. With a love of English but no desire to be a teacher, Alison had no idea what she would do with her love of writing until she earned a four-year, full-tuition journalism scholarship to the School of Visual Arts and discovered feature writing.

An internship at Rolling Stone encouraged Alison to mix her enjoyment of music and writing until she answered an ad for a position at a B2B channel publication. And so her 25-year career covering solution and service providers, enterprises and small businesses using technologies from HPC and UC&C to cloud and security began.

Alison spent 10 years at CRN, before launching a successful freelance career writing for publications including InformationWeek, Bloomberg, Redmond Channel Partner, numerous TechTarget sites, and Florida Today. She later rejoined UBM as part of the DeusM team before heading InformationWeek's health IT section. Alison – who lives on Florida's Space Coast with her husband, teen daughter, and two spoiled cats – became part of the Light Reading team in 2016. As editor of UBB2020, she looks forward to working with the ultra-broadband community to provide year-round coverage of a market that meets at the annual Broadband World Forum, and to further cement ties among the individuals and organizations that create this thriving industry. 

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