Bluebird Network Expands Fiber Network Through Acquisition by Macquarie Infrastructure Partners
Enterprise, Carrier and Wireless Operator Customers Benefit from Immediate Midwest Fiber Expansion and Accelerated Growth Trajectory
Bluebird Network is excited to announce that Macquarie Infrastructure Partners (MIP) has completed its acquisition of the company. Through MIPs acquisition, Bluebird will increase its fiber footprint even further, providing greater access to existing customers and reaching out to new service areas. Bluebird remains committed to maintaining its personalized level of service while gaining the capacity to increase the scope of its operations.
The transaction provides Bluebird an immediate 2,500 fiber route mile expansion into Illinois, including the cities of Rockford, Peoria, Bloomington, Normal and the Quad Cities area. Future network builds are planned to connect more communities and achieve greater fiber densification. In addition, the company’s underground colocation facility, the Bluebird Underground Data Center, located in Springfield, Missouri, is undergoing a second major expansion to increase power and available space for customers.
FAQ
What are the details of the acquisition?
Bluebird Network, LLC (“Bluebird”), is excited to announce the close of its acquisition by Macquarie Infrastructure Partners (“Macquarie”), a fund managed by Macquarie Infrastructure and Real Assets, one of the world’s leading alternative asset managers. Through this acquisition, Bluebird increased its fiber footprint even further, providing greater access to existing customers and reaching out to new service areas. The transaction provides Bluebird an immediate 2,500 fiber route mile expansion into Illinois, Iowa and Indiana, including the cities of Rockford, Peoria, Bloomington, Normal and the Quad Cities area. Included in this transaction, Bluebird will be acquiring existing customers from Uniti Midwest.
Bluebird remains committed to maintaining its personalized level of service while increasing the scope of its operations. This acquisition strengthens the company’s promise to best serve its customers, providing businesses and communities access to robust, flexible, high-speed transport and internet services.
Who is Macquarie Infrastructure and Real Assets?
Macquarie Infrastructure and Real Assets (MIRA) is one of the world’s leading alternative asset managers. For more than two decades, MIRA has partnered with investors, governments and communities to manage, develop and enhance assets relied on by more than 100 million people each day. As at March 31, 2019, MIRA managed $US129 billion in assets that are essential to the sustainable development of economies and communities, including; 155 portfolio businesses, ~600 properties and 4.7 million hectares of farmland.
MIRA is a part of Macquarie Asset Management, the asset management arm of Macquarie Group, a diversified financial group providing clients with asset management and finance, banking, advisory and risk and capital solutions across debt, equity and commodities.
The Bluebird acquisition is the first fiber network investment by MIRA in the United States. Additional information about Macquarie can be found on its website at macquarie.com.
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