Troutman Pepper Locke represented Archtop Fiber (Archtop), a provider of multi-gig, 100%-fiber internet and phone service to residential and business customers across the Northeast, in closing a new credit facility agented and led by Chicago-based Monroe Capital.
The credit facility provides Archtop with nearly $200 million to execute its aggressive market expansion plans in the Northeast. Archtop is a portfolio company of Post Road Group, an alternative asset manager with an investment strategy focused on providing growth capital to digital infrastructure businesses. The investment supports immediate expansion initiatives and lays the foundation for further capital funding opportunities as Archtop’s all-fiber network expansion and company profile continue to grow in the region and industry.
The team that represented Archtop in the credit facility financing and in a series of acquisitions of fiber internet and phone service companies was led by George Ticknor, and included Pete Barrett, Peter Wynacht, Lori Basilico, Bob Baute, Jason Ulezalka, Jonathan Young, Jen Lisi, Nicole Chakraborty, Brandon Curtin, and Andrew Truong.