Archtop Fiber has secured nearly $200 million in new capital to support its market expansion in the Northeast. The funding was led by Monroe Capital and aims to accelerate the company’s growth strategy.
Archtop Fiber has secured nearly $200 million in new capital to support its market expansion in the Northeast. The funding was led by Monroe Capital and aims to accelerate the company’s growth strategy.
04/15/25, 11:14 AM
Location
kingstonMoney raised
$200 million
Industry
telecommunications
Investors
Post Road Group, Monroe Capital
Archtop Fiber has successfully closed on a new credit facility led by Monroe Capital, providing nearly $200 million in funding for its market expansion initiatives. This investment not only supports immediate growth plans but also sets the stage for future capital opportunities. The funding reflects strong support from Post Road Group, demonstrating confidence in Archtop's business strategy. The company is poised to enhance its presence in the fiber broadband market across the Northeast.
Company Info
Location
kingston, new york, united states
Additional Info
Archtop Fiber is a New York state-based internet service provider (ISP) that serves residents and businesses throughout the Hudson Valley. The company is known for accelerating their fiber network expansion and seeking merger and acquisition opportunities to broaden their footprint.