GeoLinks secures private equity investment
Geolinks, a fast-growing internet service provider based in Camarillo, secured what it called “a significant minority investment” from a group led by Rock Mountain Capital, GeoLinks announced Oct. 27.
The private equity investment will help GeoLinks with its plans for expanding its network, making strategic acquisitions and streamlining its internal growth and operations.
“GeoLinks launched with the goal of disrupting a multibillion-dollar telecom industry. We’ve done that by operationalizing a simple, yet profound idea – do everything better and treat your customer how you would like to be treated,” said GeoLinks Co-Founder and CEO, Skyler Ditchfield. “Partnering with a premier team from Rock Mountain Capital allows us to scale our growth while reaching more customers in our coverage area and continuing to grow our network.”
This most recent investment comes just a few weeks after Geolinks acquired network assets and 5G spectrum licenses from TPx Communications.
GeoLinks did not disclose the terms of the deal. Bank Street Group served as exclusive financial advisor to GeoLinks in connection with this transaction.