Antin Acquired Empire Access and North Penn Telephone
Antin Infrastructure Partners has announced its acquisitions of Empire Access and North Penn Telephone.
Empire is the independent fibre provider of choice in Western New York and Northern Pennsylvania with a network of 1,280 fibre route miles serving over 96,000 addresses and 29,000 subscribers, and it expects to keep growing its high speed fibre broadband footprint throughout the area. Empire Access will be able to expand more swiftly because to the Empire-Antin alliance.
Citizens, CIT (a division of First Citizens Bank), and Webster Bank acted as lead arrangers on the debt financing, with Citizens also acting as financial advisor to Antin. Weil, Gotshal & Manges and Morgan Lewis & Bockius acted as legal advisors to Antin. Harter Secrest & Emery acted as legal advisors to Empire.
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