Our Private Equity Group is considered the go-to practice for complex, bespoke and firm-defining transactions. With clients ranging from the world’s leading institutional asset managers to prominent middle-market private equity and growth equity firms, we offer comprehensive advice to general partners, limited partners, co-investors and other equity stakeholders, as well as portfolio companies, lenders and financial sponsor groups. The depth and continuity of our relationships across the industry gives us a nuanced understanding of each client’s objectives and allows us to provide seamless, efficient counsel across the investment lifecycle.
Oak Hill to Acquire FirstLight Fiber
- Client News
- March 23, 2016
FirstLight Fiber, a leading fiber-optic bandwidth infrastructure services provider in New York and Northern New England, announced that it has agreed to be acquired by Paul, Weiss client Oak Hill Capital Partners. Under the terms of the agreement, Oak Hill will acquire FirstLight from its private equity owner, Riverside Partners, which is expected to continue as a minority investor. Financial terms of the transaction, which is expected to close in the third quarter of 2016, were not disclosed.
The Paul, Weiss, team included corporate partners Angelo Bonvino and Eric Goodison, and counsel Didier Malaquin, Mena Kaplan, Lindsey Wiersma and Marta Kelly; tax partner David Sicular; real estate partner Mitchell Berg; environmental counsel William O'Brien; and employee benefits counsel Jason Ertel.