Greenlight Networks, a leading fiber-to-the-home internet provider serving New York, Pennsylvania, and Maryland, announced it has entered into a definitive agreement to acquire Pennsylvania-based FastBridge Fiber. The transaction is expected to close in mid-2026, pending regulatory approvals and customary closing conditions.
The acquisition marks another step in Greenlight’s ongoing expansion strategy, following its recent purchase of Scranton-based Loop Internet and the company’s April 2025 announcement of its move into Pennsylvania. Greenlight currently provides service and continues construction across multiple regions of the state, positioning itself as a major player in the Northeast’s high-speed fiber market.
FastBridge Fiber’s infrastructure complements Greenlight’s growing network footprint, covering key Pennsylvania and New York markets including Buffalo, Berks County, Bloomsburg, Danville, Williamsport, and new developments in Erie and Hazelton. By combining operations, the companies aim to accelerate deployment of next-generation internet services to both residents and small businesses across these fast-growing areas.
Oak Hill Capital, Greenlight’s majority investor, will be joined by Guggenheim Investments as a shareholder in the combined company following the transaction. FastBridge Fiber, which is majority owned by select client accounts of Guggenheim, will contribute to the partnership’s continued network expansion and innovation across the region.
Guggenheim Securities, LLC served as financial advisor to FastBridge Fiber. A&O Shearman provided legal counsel to FastBridge Fiber and Guggenheim, while Paul, Weiss, Rifkind, Wharton & Garrison LLP advised Greenlight Networks.
KEY QUOTES:
“This acquisition not only positions us to accelerate our ability to serve more communities in Pennsylvania, but it also adds to our scale in Buffalo. Together, we can deliver next-generation internet to more residents and small businesses faster, in areas where demand for high-speed fiber internet is rapidly growing.”
Mark Murphy, CEO of Greenlight Networks
“We’re thrilled to join forces with Greenlight Networks. From day one, our focus has been on our customers and the dedicated people who make our service possible.”
Lynn Pope, Co-Founder and Chief Revenue Officer of FastBridge Fiber
“This partnership builds on that foundation. Greenlight’s scale, resources, and customer-first culture will allow us to innovate faster and expand access to the world-class connectivity our customers deserve.”
John Rinehart, Co-Founder and Chief Operations Officer of FastBridge Fiber
