DigitalBridge Portfolio Company Zayo to Acquire Crown Castle’s Fiber Solutions for $4.25 Billion
Deal News | Mar 13, 2025 | DigitalBridge Group, Inc.
DigitalBridge Group, a leading digital infrastructure investment firm, has announced that its portfolio company Zayo will acquire Crown Castle’s Fiber Solutions business in a transaction valued at approximately $4.25 billion. Expected to close in the first half of 2026, the acquisition adds around 90,000 route miles of fiber to Zayo’s existing network, bringing it to over 70,000 on-net locations. This strategic purchase aligns with Zayo's growth strategy of meeting increasing demand for high-performance connectivity, particularly in response to rising AI and cloud computing needs. Crown Castle’s metro-focused fiber assets will enhance Zayo’s long-haul network, improving services for hyperscalers, data centers, enterprises, and cities. This move reaffirms DigitalBridge’s commitment to advancing digital infrastructure across global markets.
Sectors
- Digital Infrastructure
- Telecommunications
- Private Equity
Geography
- United States – Both DigitalBridge and Crown Castle are headquartered in the US, and the fiber assets involved are within US markets.
Industry
- Digital Infrastructure – The article discusses the acquisition of fiber assets, integral to digital connectivity, networks, and infrastructure.
- Telecommunications – Involves fiber solutions critical for telecommunications networks and services.
- Private Equity – DigitalBridge Group is a PE firm involved in the acquisition, highlighting the role of investment in infrastructure.
Financials
- 4.25 billion USD – The transaction value for Zayo's acquisition of Crown Castle’s Fiber Solutions business.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| DigitalBridge Group, Inc. | Investor and Private Equity Firm | Company | A global digital infrastructure investment firm supporting the acquisition. |
| Zayo | Acquiring Company | Company | A portfolio company of DigitalBridge, acquiring Crown Castle’s Fiber Solutions. |
| Crown Castle | Target | Company | Providing Fiber Solutions business being acquired by Zayo. |
| EQT | Co-Investor | Company | Partnered with DigitalBridge to acquire Zayo in 2020. |