Grain Management (Grain), a leading private investment firm focused on digital infrastructure and communications, has announced the completion of the strategic combination of Ritter Communications and Great Plains Communications to create Rightfiber. The combination was previously announced in June of this year.
Rightfiber unites two highly respected telecommunications providers, each with more than 100 years of successful history. Rightfiber is positioned to accelerate fiber broadband expansion, strengthen local communities, and deliver exceptional customer experiences across its expanded regional footprint.
Grain has supported both organizations’ growth through long-term investment in fiber infrastructure, operational expansion, and broadband accessibility. The completion of the combination creates a stronger platform for continued investment and future growth.
In conjunction with the merger, Rightfiber has entered into a $1.6 billion credit facility led by Fifth Third Bank, to fund continued organic growth as well as potential M&A.
Rightfiber now:
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Serves more than 400 communities across 20 states
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Over 300,000 Fiber-to-the-Home (FTTH) passings through its 28,000-mile fiber network
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Provides expanded capabilities for residential customers, businesses, carriers, hyperscalers, and community partners
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Operates as one of the nation’s largest privately held telecommunications and fiber broadband platforms
Read the full press release here.
