Investment Summary

SDC Capital Partners and Columbia Capital Invest In BIG Fiber

On January 1, 2019, private equity firm SDC Capital Partners and growth capital firm Columbia Capital invested in communications company BIG Fiber

Investment Highlights
  • This is SDC Capital Partners’ 2nd and Columbia Capital’s 4th transaction in the Communications sector.
  • This is SDC Capital Partners’ 1st and Columbia Capital’s 7th transaction in the United States.
  • This is SDC Capital Partners’ 1st and Columbia Capital’s 2nd transaction in California.

Investment Summary

Date 2019-01-01
Target BIG Fiber
Sector Communications
Investor(s) SDC Capital Partners
Columbia Capital
Deal Type Growth Capital

Target

BIG Fiber

Sunnyvale, California, United States
BIG Fiber is a metro dark fiber provider that offers high-capacity dark fiber solutions to mission-critical data centers, hyperscalers, and enterprises throughout Northern California and Greater Atlanta. BIG Fiber was founded in 2019 and is based in Sunnyvale, California.

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Investor(S) 2

Investor
DESCRIPTION

SDC Capital Partners is an operationally oriented private investment firm focused on the IT and communications sectors. Specific areas of interest include data centers, fiber/networks, wireless infrastructure, and managed IT/cloud services. The Firm looks to commit $50 to $500 million per transaction and generally pursues platform businesses where it can pursue growth opportunities. SDC Capital Partners was established in 2017 and is headquartered in New York City.


DEAL STATS #
Overall 2 of 9
Sector: Communications M&A 2 of 7
Type: Growth Capital M&A Deals 2 of 4
State: California M&A 1 of 3
Country: United States M&A 1 of 8
Year: 2019 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-24 Ascenty

Campinas, Brazil

Ascenty is the largest data center provider in Brazil, with seven data centers currently operating and an additional data center under construction. The company was founded in 2010 and has focused on building world-class data centers while serving some of the largest global technology companies. All the company’s data centers are interconnected using a proprietary 4,000 km fiber-optic network.

Sell $1.8B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-11 SummitIG

Sterling, Virginia, United States

SummitIG is a custom network solution and bandwidth infrastructure, provider. Leveraging its extensive network infrastructure across the state, SummitIG specializes in delivering dark fiber networks that support and extend data centers’ connectivity. SummitIG was founded in 2012 and is based in Sterling, Virginia.

Buy -
Investor

Columbia Capital

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 1989
PE ASSETS 7.1B USD
Size Mega
Type Sector Focused
DESCRIPTION

Columbia Capital is a growth capital firm focused on the IT sector. The Firm looks to commit $15 to $40 million to growth stage North American and Western European companies operating in the enterprise IT, internet infrastructure, and mobile communications sectors. Columbia Capital was established in 1989 and is headquartered in Alexandria, Virginia.


DEAL STATS #
Overall 8 of 26
Sector: Communications M&A 4 of 10
Type: Growth Capital M&A Deals 3 of 8
State: California M&A 2 of 3
Country: United States M&A 7 of 18
Year: 2019 M&A 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-01 eX2 Technology

Omaha, Nebraska, United States

eX2 Technology is a provider of secure broadband networks and critical communications infrastructure, often through public-private partnerships, to support rural broadband, intelligent transportation, telehealth, public safety, and large educational institutions. eX2 Technology was formed in 2015 and is based in Omaha, Nebraska.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-07 Verato

McLean, Virginia, United States

Verato is a healthcare technology company that provides cloud-based identity resolution solutions to help organizations unify and manage patient data across systems, enabling more accurate, complete, and connected health records. Verato was founded in 2012 and is based in McLean, Virginia.

Buy -