Simpson Thacher Advises Swyft Fiber on Acquisition of Fastwyre’s Fiber Network in Louisiana, Texas and Alabama

Simpson Thacher represented Swyft Fiber, a portfolio company of Macquarie Asset Management, in its acquisition of Fastwyre Broadband’s Louisiana, Texas and Alabama high-speed fiber broadband business. The firm advised Swyft Fiber in connection with the purchase of Fastwyre Broadband’s high-speed fiber broadband operations in Louisiana, Texas and Alabama. Closing of the transaction is subject to customary closing conditions, including certain regulatory approvals. Founded in 2020, Swyft Fiber provides fiber-to-the-home broadband services in Louisiana, Arkansas and Mississippi. This acquisition will strengthen Swyft Fiber’s growing fiber network and accelerate its mission to deliver reliable, ultra-fast connectivity to rural communities in the United States. Simpson Thacher represented Swyft Fiber (a portfolio company of Macquarie Asset Management) with a team composed by: Gabriel Silva, Gabriela Astolphi, Ned Simpson, Dashia Kwok and Chelsey Schroeter (M&A); Brian Gluck and Sean Xu (Credit); Nicholas Baker (Bankruptcy); Drew Purcell, Andrew Mandelbaum and Jacob Chefitz (Tax); Dennis Loiacono (Real Estate); David Rubinsky and Courtney Thomson (ECEB); Ron Chaim Ben-Yehuda and Alex Kokka (Intellectual Property); and Toby Chun and Manideepa Sarkar (Environmental).

Simpson Thacher Advises Swyft Fiber on Acquisition of Fastwyre’s Fiber Network in Louisiana, Texas and Alabama

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